Cleveland, OH (PRWEB) February 16, 2012
The latest compliance changes to the Tenant Rental Assistance Certification System (TRACS) 202D could be mandatory as early as October 31, 2012. MRI Software is ready and waiting with Bostonpost Property Manager 9.2.
202D is designed to streamline the HAP voucher process and make it paperless.
According to Jed Graef, a product manager for compliance at Bostonpost, “202D is a huge win for our customers. With the tools that Property Manager will provide, this could save countless hours in reconciliation work.”
Graef has been intimately involved in the creation of the TRACS 202D Industry Specification as the chair of the certification working group. At HUD’s request, Graef drafted the formal specification documents that TRACS and software vendors will use to ensure compliance.
Bostonpost Property Manager is MRI’s flagship affordable housing product and enables clients to manage properties developed with financing from Low Income Housing Tax Credits or subsidized by HUD, USDA and other Public Housing programs. The next release of Bostonpost Property Manager will fully support TRACS 202D functionality. To ensure an on-time delivery, Property Manager 9.1 already contains the complete infrastructure for 202D. Though not yet visible to users, the changes are ready and waiting for the compliance change.
About MRI Software
MRI offers business management software solutions to the global property management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its 40 years in business to develop long-term successful relationships with its clients. For more information, please visit http://www.mrisoftware.com.