{"id":5051,"date":"2021-02-18T07:21:29","date_gmt":"2021-02-18T15:21:29","guid":{"rendered":"https:\/\/www.storagecafe.com\/blog\/?p=5051"},"modified":"2021-02-19T04:31:01","modified_gmt":"2021-02-19T12:31:01","slug":"yardi-launches-rental-assistance-software","status":"publish","type":"post","link":"https:\/\/www.storagecafe.com\/blog\/yardi-launches-rental-assistance-software\/","title":{"rendered":"Yardi Launches Far-Reaching Rental Assistance Software Aimed At Helping Those Struggling Due To Coronavirus"},"content":{"rendered":"<p>Housing agencies across the country are currently involved in an unprecedented effort to provide federal emergency rental assistance to millions of struggling renters and landlords. The initial $25 billion COVID-19 relief program for renters is expected to get <a href=\"https:\/\/www.ncsha.org\/blog\/house-financial-services-committee-portion-of-covid-19-relief-bill-includes-assistance-for-homeowners-and-renters\/?utm_source=NCSHA&amp;utm_campaign=7ee13ec3f2-EMAIL_CAMPAIGN_2019_02_06_09_58_COPY_01&amp;utm_medium=email&amp;utm_term=0_f00bc192e4-7ee13ec3f2-65493203\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">additional funding from Congress<\/a> as the global health crisis continues to weigh heavily on the economy.<\/p>\n<p>To help with this effort, <strong>Yardi<\/strong>, a leader in the property management technology sector, launched <strong>Rent Relief<\/strong>, all-in-one <a href=\"https:\/\/www.rentrelief.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">rental assistance software<\/a> that streamlines and expedites the distribution of emergency rental assistance. Both tenants and landlords can use the platform to easily apply for assistance online and get the help they need to ensure economic recovery and housing stability.<\/p>\n<h2><strong>How the Rent Relief platform works<\/strong><\/h2>\n<p>Households who suffered hardship due to COVID-19 may be <a href=\"https:\/\/home.treasury.gov\/policy-issues\/cares\/emergency-rental-assistance-program\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">eligible to receive rental assistance.<\/a> These may include those who qualified for unemployment support or experienced a significant reduction in income due to COVID-19. They should also demonstrate a risk of experiencing homelessness or housing instability and have a household income at or below 80% of the area median.<\/p>\n<p>Eligible households may submit an application via <a href=\"http:\/\/www.rentrelief.com\" target=\"_blank\" rel=\"noopener noreferrer\">rentrelief.com<\/a>. Once the applications are submitted, the housing agencies\u2019 staff can go online to verify applicants\u2019 eligibility for rental assistance. The built-in communication functionality allows government employees to contact applicants easily and securely in case they need extra information or documents. The steps necessary for approving the funds vary from state to state but are configurable within Rent Relief\u2019s framework.<\/p>\n<p><a href=\"https:\/\/www.storagecafe.com\/blog\/storagecafe\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5072\" src=\"https:\/\/www.storagecafe.com\/blog\/storagecafe\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png\" alt=\"How the 2021 Rent Relief Platform Works\" width=\"2210\" height=\"1306\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png 2210w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png?resize=300,177 300w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png?resize=768,454 768w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png?resize=1024,605 1024w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png?resize=1536,908 1536w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2021\/02\/How-Rent-Relief-by-Yardi-Works.png?resize=2048,1210 2048w\" sizes=\"auto, (max-width: 2210px) 100vw, 2210px\" \/><\/a><\/p>\n<p>The audit functionality ensures that applications are being processed and funds are being distributed quickly and correctly. The software platform allows users to create and send reports to oversight agencies, thus enhancing accountability. Also, there are built-in tools to detect and act on fraud before delivering funds.<\/p>\n<blockquote><p>&#8220;We worked rapidly to create an easy-to-use and quick-to-implement platform that will make distribution of emergency rental assistance straightforward and equitable,&#8221; said Chris Voss, vice president of affordable housing and PHA at Yardi. &#8220;This all-in-one platform will streamline the application, approval, distribution and audit process, without any needless integrations or long lead times. The goal is to help our government agencies as they deliver households and landlords the help they need.&#8221;<\/p><\/blockquote>\n<p>The new Rent Relief product from Yardi continues the company\u2019s tradition of stepping up with expertise and resources during crisis situations. The company created a regional housing site and hotline for displaced residents after the 2017 Hurricane Harvey in Texas and donated $1 million in disaster relief. More recently, the company donated $1 million for the <strong>Covid-19 Rental Housing Support Initiative<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing agencies across the country are currently involved in an unprecedented effort to provide federal emergency rental assistance to millions of struggling renters and landlords. The initial $25 billion COVID-19 relief program for renters is expected to get additional funding from Congress as the global health crisis continues to weigh heavily on the economy.<\/p>\n","protected":false},"author":166,"featured_media":5054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,20],"tags":[],"class_list":["post-5051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-reports","category-research-reports"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Launches Rental Assistance Platform<\/title>\n<meta name=\"description\" content=\"Yardi launched Rent Relief, all-in-one rental assistance software that streamlines and expedites the distribution of emergency rental assistance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.storagecafe.com\/blog\/yardi-launches-rental-assistance-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yardi Launches Far-Reaching Rental Assistance Software Aimed At Helping Those Struggling Due To Coronavirus\" \/>\n<meta property=\"og:description\" content=\"Yardi launched Rent Relief, all-in-one rental assistance software that streamlines and expedites the distribution of emergency rental assistance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.storagecafe.com\/blog\/yardi-launches-rental-assistance-software\/\" \/>\n<meta property=\"og:site_name\" content=\"StorageCafe Blog - 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