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Annual License Renewal for Yardi Systems, Inc. <br />October 6, 2015 <br />Page 2 <br /> <br /> <br />There are three nationally-recognized providers of HCV management software programs, including <br />Yardi, for housing authorities of a size similar to the Santa Ana Housing Authority. While all are web- <br />based applications, the user interface, workflow, and data exchange processes to support payment <br />creation differ. It is cost-prohibitive to change vendors and retrain staff, re-enter data, and customize <br />new software to support the City’s internal control requirements. The Housing Authority’s original <br />housing program management software was developed by Nan McKay, Inc., which in 2002 sold its <br />program to Yardi Systems, Inc., and over the years has been customized to serve the Housing <br />Authority’s requirements. The Yardi system is recognized as an industry standard, chosen by Los <br />Angeles County, Chicago, Portland, Sacramento, and other large public housing authorities. <br /> <br />STRATEGIC PLAN ALIGNMENT <br /> <br />Approval of this item supports the City’s efforts to meet Strategic Plan Goal #4 Fiscal Sustainability, <br />Objective #1 (Maintain a stable, efficient and transparent financial environment). <br /> <br />FISCAL IMPACT <br /> <br />Funds in the amount of $60,000 are available in the FY 2015-2016 Housing Authority Other <br />Contractual Services account (No. 14018760-62300). <br /> <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br /> <br /> <br /> <br />____________________________ ___________________________________ <br />Judson Brown Francisco Gutierrez <br />Housing Division Manager Executive Director <br />Community Development Agency Finance and Management Services Agency <br /> <br />JB/MZ/np <br /> <br />Exhibits: 1. Consultant Agreement <br /> <br />