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Starta Development Manages More than 13,000 Funding Applications for Housing Developments
The Starta Enterprise System is the most robust system for the small to medium business that manages loans, grants, Low Income Housing Tax Credit (LIHTC) allocations, and New Market Tax Credit (NMTC) allocations.
The beauty of the Starta system remains its ability to adapt to the uniqueness of each type of fund. For example, while grants capture information relevant only to grants, loans must retain a different set of data that are relevant only for loans, like interest rate or loan term. Further, the LIHTC and NMTC programs demand a radically distinctive set of information. In addition, Starta enables each funding vehicle to have a unique document cabinet structure, checklists, and workflow processes. The entire flow of money from initial application through debt servicing is managed using the web-based system.
Another reason for the rapid adoption of Starta has been its ability to provide a core tool to support basic needs across departments like document, contact, and information management with a very low cost. Some have referred to Starta as the SAP without the cost. “It’s all about delivering value. If Starta cannot add value to a business, we just walk away. However, technology can quickly reduce unnecessary efforts in the complex world off funding.”
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Starta provides a comprehensive suite of hosted Internet Enterprise Resource Planning (ERP) services that manage documentation, information, communication, and projects for all communities in your Affordable Housing development portfolio.