The company adds social-service verifications to its screening platform
Yardi, in partnership with Equifax, has tweaked its resident screening platform to make it easier for affordable-housing providers and public-housing agencies (PHAs) to acquire detailed financial information on potential applicants.
Yardi has added employment and income information from The Work Number database to the company's screening platform, ScreeningWorks Pro. These social-service verifications provide affordable-housing and PHA clients greater insight into applicants' pay-period details and historical income information.
Additionally, ScreeningWorks Pro offers credit reports, rental history, and other publicly reportable civil or criminal records.
“This data is especially valuable for housing providers with affordable-housing and PHA compliance mandates. The Work Number integration helps verify an applicant’s employment and income information, a necessity when it comes to qualifying for housing assistance or for below-market-rate rental units,” said Boone Atkins, vice president of affordable-housing sales at Yardi.
Equifax manages The Work Number database, a centralized commercial repository of employment and income information in the US. Through the partnership, property managers using ScreenWorks Pro can use The Work Number data to get instant verifications of employment and income data submitted on subsidized rental applications.
“We are delighted to expand our partnership with Yardi by adding verification of employment and income for social services to ScreeningWorks Pro,” said Tom Ciulla, vice president of enterprise alliances at Equifax. “With instant access to up-to-date employment and income, The Work Number data can help PHAs and other affordable-housing providers further speed up the application process and potentially offer more rental housing options for eligible low-income families.”
