ProLink Finance for Housing Authorities

At ProLink Solutions, we are honored to assist Housing Authorities in the important task of providing homes to low-income families. We understand the complexities of the affordable housing process and have designed a system to support finance professionals in the business of developing programs, screening, underwriting, closing and performing asset management on low-income multifamily properties.

ProLink Finance for Housing Authorities incorporates pipeline management, screening, underwriting, compliance, fund allocation and asset management into a web-enabled integrated system. It includes a central data repository and workflow engine that is configured to the specific business processes of the client. Our strategic approach is based on the fundamental principle of leveraging the client’s existing financial models, spreadsheets, loan documents and data — and the intellectual capital they contain — in an automated, integrated and web-enabled process management solution. We have found that housing finance professionals want to continue to use the tools that they know and trust, and our solutions are designed accordingly.

This approach accelerates the learning curve and enhances user adoption, which are critical to the project’s success. One of our key components is our extensive integration with Microsoft Office. Data that is entered into loan applications by the borrower or mortgage brokers and is transferred into the system with the click of a mouse. It is then made available to be used for screening, underwriting, reporting, and re-population into other forms, spreadsheets and word documents, and are automatically provided to the finance professional by the built-in, configurable, workflow engine as they are required at each step of the process. Checklists and approvals are provided for each stage of the process, with built-in signoffs and approvals, for a streamlined collaborative execution.

As allocated funds are utilized, ProLink Finance for Housing Authorities keeps real-time track of usage, so that over-allocations are easily identified and re-allocated to other transactions. All documents, images, spreadsheets, emails, and other forms are linked to the loans and draws in the transaction, in order to provide the highest level of information to staff for efficient retrieval and review of information.

Our company has a sterling track record of delivering on time, within budget, and beyond expectations for clients such as Collateral Mortgage Capital, CBRE|L.J. Melody, John Hancock Life, McCracken Financial Systems and others.