HDS NextGen
HDS NextGen is a web-based system for Housing Finance Agencies managing multifamily housing programs and Section 8 contract administration.
What HDS NextGen is
HDS NextGen is a web-based system for Housing Finance Agencies managing multifamily housing programs and Section 8 contract administration. It supports multifamily program work across asset management, financial oversight, and compliance, alongside daily, monthly, quarterly, and annual Project-Based Contract Administration tasks. Agencies can manage multiple programs, eligibility workflows, and recertification. Reporting includes on-demand and board-ready reports, KPI tracking, advanced analytics, and interactive dashboards with real-time portfolio insights. Staff can collaborate with agency colleagues and external partners, manage documents and files centrally, and use audit trails and activity tracking. HDS says NextGen supports secure integrations with existing systems but does not name specific integrations. Security features include encryption, role-based access, multiple permission levels, and security reporting. HDS offers implementation, operational support, and role-based training onsite or remotely. NextGen Fusion is available through MyHDS, with transition support that includes a sandbox, individual sessions, monthly working groups, and ongoing assistance. Licensing is customized to program requirements, portfolio size, and budget; pricing is on request.
Good
- Supports multifamily lifecycle and Section 8 tasks.
- Includes eligibility workflows and recertification.
- Provides dashboards, KPI tracking, and analytics.
- Offers implementation, training, and operational support.
Watch out
- Pricing is on request.
- Specific integrations are not named.
Who it suits
NextGen is built for Housing Finance Agencies managing affordable multifamily housing programs and Section 8 contract administration. It suits agencies that need program workflows, reporting, document management, and collaboration.
Verdict
NextGen focuses on the workflows and oversight needs of Housing Finance Agencies. Agencies considering it will need to request pricing tailored to their programs and portfolio.
Plans and prices
From HDS NextGen's own pricing page, checked 8 Oct 2001.
| Plan | Price | What it gives you |
|---|---|---|
| HDS NextGen | Priced on request | Flexible licensing model · customized to program requirements, portfolio size, and budget |
The facts
Each one read from HDS NextGen's own pages, with the date it was checked.
What it does
- Audit tracking
- The product page lists complete audit trails and activity tracking among its core features.checked 8 Oct 2001
- Collaboration
- Features include secure collaboration with external partners and collaboration tools for agency staff.checked 8 Oct 2001
- Collaboration and records
- Core features include external partner collaboration, internal agency collaboration, centralized document and file management, and audit trails with activity tracking.checked 8 Oct 2001
- Document management
- NextGen includes centralized document and file management.checked 8 Oct 2001
- Integrations
- The product page says NextGen supports secure integrations with existing systems but does not name specific integrations.checked 8 Oct 2001
- Intended customers
- HDS says NextGen is built specifically for Housing Finance Agencies managing affordable housing programs.checked 8 Oct 2001
- Intended users
- NextGen is built for Housing Finance Agencies managing multifamily housing and Section 8 contract administration.checked 8 Oct 2001
- Licensing
- HDS describes NextGen licensing as flexible and scalable, customizable to program requirements, portfolio size, and budget; it does not publish prices on the page.checked 8 Oct 2001
- Multifamily management
- NextGen supports the full lifecycle of multifamily programs, including asset management, financial oversight, and compliance.checked 8 Oct 2001
- Notable licensing detail
- The product page describes flexible, scalable licensing but does not publish a price.checked 8 Oct 2001
- Purpose
- HDS NextGen is a web-based multifamily housing and Section 8 contract administration solution designed for Housing Finance Agencies.checked 8 Oct 2001
- Reporting
- NextGen reporting includes on-demand and board-ready reports, KPI tracking, advanced analytics, and interactive dashboards with real-time portfolio insights.checked 8 Oct 2001
- Section 8 administration
- Agencies can manage daily, monthly, quarterly, and annual Project-Based Contract Administration tasks through end-to-end workflows.checked 8 Oct 2001
- Security
- HDS says its solutions use modern encryption and access-control technologies, with multi-level permissions, role-based access, and security reporting.checked 8 Oct 2001
- Support
- HDS describes direct access to knowledgeable employees and technical support from professionals who specialize in HDS products.checked 8 Oct 2001
- Transition support
- HDS describes a dedicated TestNext sandbox, one-to-one transition sessions, monthly working groups, and ongoing support for the Fusion transition.checked 8 Oct 2001
- Web access
- NextGen Fusion is described as a fully web-based experience available through MyHDS.checked 8 Oct 2001
The company
- Company background
- HDS says it has served the affordable housing industry since its founding in 1998 and has partnered with over 75 state and local housing agencies.checked 8 Oct 2001
- Founded
- 1998checked 28 Sep 2001
- Headquarters
- Miami Lakes, Florida, United Stateschecked 28 Sep 2001
- Maker history
- HDS says it was founded in 1998 and serves the affordable housing industry, partnering with more than 75 state and local housing agencies.checked 8 Oct 2001
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