 |  | Affordable Housing
The ALICE/HM HOME Funding System provides necessary administration tools to HOME Program-allocating agencies from Consolidated Plan formulation through fulfilling the compliance-monitoring requirements of the Program. ALICE/HM starts by establishing the funding program the agency will utilize to disburse the HOME-allocated funds. ALICE/HM ranks the requests from SR’s, CHDO’s or Developers performing the financial feasibility analysis of all projects. ALICE/HM maintains an internal matching process to track matching contributions and an internal disbursement process to track drawdowns from HUD and disburse funds to the participants. Facsimiles of the HUD HOME project set-up and project completion forms are also generated on demand.
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| | Certification Online
AOD provides the next generation of software solutions for collecting Owner and Tenant Certifications via the web.
Property owners can log onto AOD/COL and key-in owner and tenant information, setup and change units, view and print compliance status reports, generate and print Annual Owner and Tenant Certification Forms and much more.
Once the Certification is submitted, the Agency compliance officer assigned to the project will receive an e-mail notification. The compliance officer would then process the submitted certification in the AOD/TC Tax Credit Compliance System. AOD/COL interacts with AOD/TC Tax Credit Compliance System to eliminate mistakes and duplication of input.
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| | Contract Administration
The AOD/CA System provides Housing Agencies with a solution for performing Section 8 Contract Administration (CA) core tasks.
The System uses the ACC information to generate a daily, monthly or annually task list with due dates for all contract compliance requirements. AOD/CA Accepts HAP contract renewals electronically, generates Performa contract renewals based on selected options, and generates a task list for each contract renewal option. AOD/CA complies with HUD's data reporting procedures and data transfer requirements.
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| | Executive Portal (HFA)
Emphasys HFA Executive Portal can help housing authority executives pinpoint inefficiencies and identify areas of improvement within their organization. It does this by measuring, tracking and reporting on key indicators. The Portal quickly tracks important information, displays relevant housing indicators, is presented in a user friendly format, and alerts you to benchmarks set by your agency.
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| | Loan Servicing
AOD/SV is a full function mortgage loan servicing package that can work in standalone mode or integrated with other AOD software modules, such as the AOD/GL Certification Online and the AOD/SF Single Family Portfolio Management systems.
AOD/SV maintains wholly owned and GNMA mortgage pools by investor for any combination of first or second mortgage types, such as fixed, graduated payment, variable, adjustable rate and buydowns and handles a variety of payment frequencies.
The system provides daily transaction processing capabilities and contains full escrow accounting functions. AOD/SV can be setup to service both Singe Family and Multifamily loans.
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| | Multifamily Compliance System
The AOD/MF Multifamily Compliance System was designed to provide the Housing Agency with the necessary tools to check Federal, State and Housing Agency compliance guidelines on all projects subsidized by the Agency and that are currently in their compliance monitoring period (Initial or Extended Use Period). The system provides a live interface with the Certification Online System (COL) to upload unit/tenant activity submitted by property managers via internet, but it can also work as a stand-alone module. AOD/MF automatically, or at a push of a button, launches all compliance tests and accurately produces the necessary forms and events including IRS 8823 Forms. The Agency is able to set various time parameters, on a project by project basis, for Annual Owner Certification and Tenant Certification submission and testing. AOD/MF offers a random audit selection process and keeps a history of audit findings, inspection ratings and non-compliance with Federal, State and Housing Agency guidelines.
The system is arduously maintained to comply with all federal regulatory guidelines.
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| | Tax Credit Allocation
The ALICE/TC Low Income Housing Tax Credit System provides tax credit allocating agencies the necessary tools to administer the LIHTC Program from the time of the Allocation Plan formulation through the placement in service date of the projects. Facsimiles of the IRS Forms 8609 are also generated on demand. Also, the system automatically monitors critical processing stages plus user-defined processes and milestones particular to each agency's administrative policy. In addition to all required IRS forms and notices, ALICE/TC produces the Underwriting Worksheet, Cashflow Projections, Sources of Financing Amortization Schedules and a variety of statistical and demographic analysis tools.
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| | TRACS Reporting
The AOD/TA System was designed to control management of subsidized rental programs for Section 8 New Construction, Existing Section 236, and Moderate Rehabilitation housing.
The system data maintenance screens are designed to follow HUD forms 10/84 and 7/82 for processing of tenant certifications and recertifications. Market rate tenancies are also processed through AOD/TA as are vacancies, special claims, and TAP adjustments. AOD/TA produces all required HUD reports.
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