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FOCUS Compliance Software

FOCUS Compliance Software is a web-based system for monitoring affordable housing requirements and maintaining related records.

Place
#21 of 26
Score
5.3
FOCUS Compliance Software's website

What FOCUS Compliance Software is

FOCUS Compliance Software is a web-based system for monitoring affordable housing requirements and maintaining related records. It checks properties and individual units against federal, state, and local income and rent restrictions, then automates complex calculations and agency reports. Its stated coverage includes LIHTC, tax-exempt bond, HOME, RDA, CDBG, and Inclusionary housing requirements. Graphical indicators show compliance status for a property and an overall portfolio. A centralized database supplies real-time reports, while one portal stores documents and reports. The software automates reports, site visits, and correspondence. Users access it through a computer, internet connection, and web browser without desktop installation. Licensing is paid and priced on request; licenses renew annually, with fees based on property number and size. Data loading or custom coding may add fees. Housing Compliance Services provides ongoing IT support.

Good

  • Checks federal, state, and local income restrictions
  • Automates income, rent, and agency reports
  • Covers LIHTC, HOME, CDBG, and other programs
  • Centralizes documents and real-time compliance reports
  • Runs in a web browser without desktop installation

Watch out

  • Paid licensing with pricing available on request
  • Licenses renew annually
  • Data loading or custom coding may add fees
  • Internet transmission security is not guaranteed

Who it suits

FOCUS is for public agencies, developers, bond issuers, tax credit investors, and authorized property owners managing affordable housing compliance.

Verdict

FOCUS brings multi-program affordable housing checks, calculations, records, and reporting into a browser-based system. Its licensing and possible additional fees should be clarified before account setup.

Plans and prices

From FOCUS Compliance Software's own pricing page, checked 8 Oct 2001.

All about pricing
PlanPriceWhat it gives you
FOCUS Compliance Software license—Fee based on number and size of affordable housing properties · data loading and custom coding may incur additional fees · Licenses are renewed annually.

The facts

Each one read from FOCUS Compliance Software's own pages, with the date it was checked.

What it does

Account access
After an account request, a Compliance Manager contacts the requester to set up an account, and authorized property owners can create accounts for their properties.checked 8 Oct 2001
Automated workflows
Reports, site visits, and correspondence are automated through the software.checked 8 Oct 2001
Calculations and reports
FOCUS automates complex income and rent calculations and agency reports.checked 8 Oct 2001
Compliance checks
The software checks property and individual unit compliance with federal, state, and local income and rent restrictions.checked 8 Oct 2001
Portfolio status
Graphical icons show compliance status for a property and overall portfolio at a glance.checked 8 Oct 2001
Program coverage
FOCUS has been used to monitor affordable units subject to LIHTC, tax-exempt bond, HOME, RDA, CDBG, and Inclusionary housing requirements.checked 8 Oct 2001
Purpose
FOCUS is affordable housing compliance monitoring and reporting software for managing affordable housing records.checked 8 Oct 2001
Records and reporting
A centralized database provides real-time affordable housing reports, and important documents and reports are stored in a single portal.checked 8 Oct 2001
Scale
The maker says FOCUS has been used to monitor over 60,000 affordable housing units.checked 8 Oct 2001
Security
The maker says collected information is stored on servers it manages using standard security procedures appropriate to the information, but it does not guarantee internet transmission security.checked 8 Oct 2001
Support
Housing Compliance Services provides ongoing IT support for FOCUS users.checked 8 Oct 2001
Web access
FOCUS is web based and can be accessed from a computer with internet access and a web browser without a desktop installation.checked 8 Oct 2001
Who it serves
The software is available for license by public agencies, developers, bond issuers, and tax credit investors.checked 8 Oct 2001

The company

Headquarters
Walnut Creek, California, United Stateschecked 28 Sep 2001

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