Efficient & Effective Subsidy Distribution
We help public agencies manage and distribute expense-based rent subsidies based a percentage of a participant’s cost of living expenses, like Groceries, Fuel, Utilities, and Childcare. Subsidy categories and allocations can be customized to fit the needs of your participants.
Step 1
Set Your Budget
Determine the amount you plan to allocate to your program and select the communities or households you want to serve. We collaborate with Landlords and property management companies to enroll apartment communities and single family home portfolios in your targeted area.
Step 2
Enroll Tenants
We work with on-site property managers to notify eligible participants about the Rent Rewards program. Tenants can easily opt-in and register their payment method on our user-friendly application, allowing us to track their spending and rewards earned. We also assist tenants that need to become bankable in underserved communities.
Step 3
Monitor the Data
Case Managers can access data dashboards displaying individual participant data and overall program performance. This enables you to adjust subsidy distributions in real-time based on your participants' needs.
Step 4
Send Landlord Payments
We'll provide your agency with a monthly payment ledger for sending funds directly to Landlords using your normal payment methods. We also record subsidy payment receipts on participants' property management ledgers, saving your partnering Landlord or Manager valuable time.
Monthly Household Income: $2850
Monthly Rent: $1400
Monthly Cost of Living Expenses: $1250
Use Case Example
Ms. Williams
Mother with 2 Minors
Ms. Williams is a mother of two children and has one on the way. She has expressed to her case manager a need for more rental assistance due to an increase of $100/month for daycare expenses that will be needed when she's picking up extra hours at work in the coming weeks. The case manager currently has this household receiving:
Current Household Rent Rewards Settings
Recommendation
The Rent Rewards Case Management dashboard analysis and recommendation tool suggests adjusting her Childcare subsidy up to 20% and reducing her Grocery subsidy down to 8% to result in the biggest impact to her rent affordability and stay within your program budget. The case manager agrees and makes the adjustments:
Adjusted Household Rent Rewards Settings
Results
After using her bank debit card to pay her monthly Grocery and Utility expenses, along with the additional Childcare expense, Ms. Williams receives Rent Rewards subsidies totaling over $200. This credit provides much needed financial relief and allows her to have additional savings for the following month.
We’re leading a data revolution that supports housing subsidies for all, and we’re looking for partners who are ready for a deeper, more personal approach to community resident engagement.
Learn More About Our Solution
SubsidySync
Case Studies
Our case studies are designed for you to learn how you can leverage individual tenant data and create sustainable subsidy programs for use cases involving nonprofits and public agencies.
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