Caritas Corp., California-based non-profit affordable housing corporation, will adopt MRI Software’s multifamily solutions to keep track of 20 manufactured home communities (MHC) in its goal of maintaining quality, affordable housing for low income persons.
With the dearth of reliable, long-term reasonably-priced housing, Caritas attempts to create vibrant communities where resident involvement and caring are the critical ingredients. As benzinga informs MHProNews, non-profits have specific requirements in terms of financial reporting.
Penny Serna, CFO of The Caritas Corporation said, “ Caritas’ use of bond financing requires very specific compliance to regulatory agreements and MRI Software will bring simplicity to the compliance process.”
Patrick Ghilani, CEO of MRI Software added, “The unique, and often complex, business needs required of Caritas to excel in manufactured home communities are a perfect match for MRI’s flexible software solutions.” ##
(Photo credit: nbcsandiego–manufactured home community)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.