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About Us
Four decades of offering expertise, collaborative partnerships, and seamless TRACS data transmission.
Our Story
Over the last four decades, ShofCorp has established itself as a trusted partner in the affordable housing sector, with over 400 projects across 43 states. This extensive experience has honed our expertise in navigating the intricacies of housing administration, with a collaborative approach extending to over 40 Performance-Based Contract Administrators. Our commitment to seamless interaction with regulatory bodies ensures our clients receive unparalleled support in managing their affordable housing portfolios.
As a premier TRACS Service Bureau, ShofCorp assumes the crucial responsibility of transmitting TRACS data to HUD's system on behalf of our clients. Our platform offers a comprehensive suite of tools, including Rent Roll and waiting list management, complemented by various reporting capabilities. Additionally, we monitor TRACS voucher messages, proactively addressing compliance issues to uphold our clients' adherence to HUD's mandated threshold of 90%. With deep-rooted connections across the industry and a track record of generating monthly vouchers exceeding $7.3 million, ShofCorp remains dedicated to facilitating a smooth billing process and ensuring our clients' continued success in affordable housing management.
As a premier TRACS Service Bureau, ShofCorp assumes the crucial responsibility of transmitting TRACS data to HUD's system on behalf of our clients. Our platform offers a comprehensive suite of tools, including Rent Roll and waiting list management, complemented by various reporting capabilities. Additionally, we monitor TRACS voucher messages, proactively addressing compliance issues to uphold our clients' adherence to HUD's mandated threshold of 90%. With deep-rooted connections across the industry and a track record of generating monthly vouchers exceeding $7.3 million, ShofCorp remains dedicated to facilitating a smooth billing process and ensuring our clients' continued success in affordable housing management.
FAQs
What does ShofCorp specialize in?
ShofCorp specializes in providing TRACS (Tenant Rental Assistance Certification System) services and compliance solutions for affordable housing programs administered by HUD (U.S. Department of Housing and Urban Development).
What services does ShofCorp offer?
ShofCorp offers a range of services including TRACS data transmission, compliance portal access, document management (such as 50059 forms, notices, and vouchers), Rent Roll and waiting list management, and proactive monitoring of TRACS voucher messages for compliance issues.
How does ShofCorp handle compliance issues?
ShofCorp proactively monitors TRACS voucher messages and addresses compliance issues to ensure clients maintain HUD's mandated threshold of 95%. We also offer assistance and support in resolving compliance-related challenges.
What kind of support does ShofCorp offer to its clients?
ShofCorp provides comprehensive customer support, including answering basic questions on compliance issues and assisting with software usage. Additionally, we keep our clients informed of industry updates and provide guidance on navigating complex regulatory requirements.
How does ShofCorp handle data security and confidentiality?
ShofCorp takes data security and confidentiality seriously. We employ robust security measures to safeguard client information and comply with industry standards and regulations regarding data protection.
Can ShofCorp assist with training for staff on compliance matters?
While ShofCorp primarily focuses on providing software solutions and compliance services, we can recommend reputable training providers for staff seeking further education on HUD occupancy regulations and compliance matters. Mary Ross website is at rbdnow.com. Paulhus and Associates is at paulhus.net