Affordable Housing Finance recently released the Top 50 Affordable Housing Developers of 2016. The list  showcases developers with the most reported affordable units started and completed within the year. Great Companies, Great Timing Yardi clients received 23 out of the 50 available spots on the list: The NRP Group Miller Valentine Group LDG Development Dominium Herman & Kittle RPM Development Group St. Anton Communities Conifer Realty Bridge Housing Corporation Volunteers of America Arker Companies Community Investment Strategies USA Properties Fund Atlantic Pacific Communities BFC Partners Picerne Real Estate Group AHC Pennrose Woda Group McCormack Baron Salazar Related Mercy Housing WinnCompanies The new construction barely puts a dent in the ongoing affordable housing shortage, which now exceeds 4.7 million units. Yet the timing could not have been better. Recent cuts to the United States Department of Housing and Urban Development, as well as tax reforms, are projected to trigger a decrease in future affordable housing construction. Tighter budgets require developers to work with greater efficiency and accuracy. That is why nearly half of Top 50 Affordable Housing Developers turn to Yardi. Robust Software Yardi ® Construction Management improves projects’ cost control and budget oversight, from their nascent stages to close-out. Users can develop financing plans and monitor agreements from contractors and subcontractors. As the project progresses, users can compare actual costs to the job budget. Both job costs and the general ledger are updated in real time, providing users with the most accurate and dependable information. The comprehensive reporting within Construction Management provides detail and transparency to users, protected with controlled permissions.  Users receive an overview of budgets, revisions, change orders and commitments, each with drill-down options for greater detail. Construction Management seamlessly integrates with Yardi Affordable Housing Suite ™, allowing users to continue project...

As 2016 comes to a close, we look back in reflection on a successful year. Here are a few of our favorite Yardi moments from 2016: The Balance Sheet, Yardi’s corporate blog, celebrated its fourth anniversary! In February, Yardi launched a new data centre in Dubai to meet the data security and infrastructure needs of a growing client base in the Middle East. Yardi welcomed iMS Immobilien Management System GmbH to the Yardi family! iMS GmbH is a German developer of commercial property management software. CSU Channel Islands and Pacific Coast Business Times honored Yardi Systems and CEO Anant Yardi. Anant Yardi was named Business Leader of the Year by the Business & Technology Partnership at California State University, Channel Islands. Mr. Yardi was also inducted into the Pacific Coast Business Times Business Hall of Fame in recognition of his contributions to the software industry. Yardi aided displaced Fort McMurray fire evacuees. Mobilizing teams in four different time zones, Yardi created a centralized housing registry connecting local landlords and residents in need of housing. Yardi acquired Proliphix, a leading provider of energy control solutions. We welcomed its clients and staff to the Yardi family! Gordon Morrell was named Executive of the Year at the South Coast Business & Technology Awards. “I’m honored to receive this award, but it really is not for me,” Morrell said. “It is for the entire global team at Yardi. The reason for our success is the exceptional collaboration of everyone at the company, rather than the efforts of one individual.” Yardi won a NREI/IMN Commercial Real Estate Award in recognition of the Yardi®Smart Energy Suite. Multi-Housing News earned Gold for best website at NAREE’s fiftieth conference. In August, we celebrated 5,000 Yardi employees strong worldwide! Yardi released Yardi Genesis2for Affordable Housing. Yardi welcomed two new Marketing Geniuses. Meet Mia...