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Annual License Renewal for Yardi Systems, inc. <br />August 1, 2011 <br />Page 2 <br />There are three nationally recognized providers of voucher management programs, including <br />Yardi, for housing authorities of a size similar to the Santa Ana Housing Authority. While all are <br />web-based applications, the user interface, workflow, and data exchange processes to support <br />payment check creation differ. It is cast~prahibitive to change vendors and retrain staff, re-enter <br />data, and customize new software to support the City's internal control requirements. The Housing <br />Authority's original housing program management software was developed- by Nan McKay, Inc., <br />which in 2002 sold its program to Yardi Systems, Inc., and over the years has been customized to <br />serve the Housing Authority's requirements. The Yardi system is recognized as an industry <br />standard, chosen by Las Angeles County, Chicago, Portland, Sacramento, and other large public <br />housing authorities. <br />FISCAL IMPACT <br />Funds are available in the Housing Authority Other Contractual Services account (no. <br />14018760162300}. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~ I i <br />Shelly dry-Boyle <br />Housin onager <br />Community Development Agency <br />NTEISLB/LF/sr <br />Exhibit: 1. License Renewal <br />r ~ <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />F,, <br />3 <br />