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      MEMBER: National Affordable Housing Mgmt. Assn.;     AHMA - Pacific Southwest
 
Traditional Contract Administrators -- Switching to TRACS/PAS/LOCCS? TRACS Services for You! (Includes CA Fee Voucher)

Owner-Agent TRACS Services

TRACS File Pass-thru(sm) Send TRACS files to your CA through us! Let our experienced staff handle TRACS problems kicked back by your CA!
25% off our full-service rates!

ShofCorp Does TIC (Tax Credit) Documents

The Owner/Agent TRACS Service of the Future!

Besides accepting HUD-50059 tenant certification data from our customers via fax and "snail-mail" like other services, ShofCorp customers can enter and print 50059's on their own PC from our website at no additional charge. (See demo link below) This provides immediate document creation 24 X 7 that no other service can match. ShofCorp then downloads all data entered by customers to its central computers, where we run the monthly HAP vouchers and also process TRACS data transmissions to HUD (or your Contract Authority). Site staff entering 50059's via our website also have access to a web page that provides immediate information on which tenants are still due for the upcoming voucher, or which tenants may be past due at their project(s).

Current Customers Click Here to sign up for "59s Via Web" ,
 others please contact us at 800-824-1657.

Why a Service Bureau?

Since ShofCorp handles the voucher processing and TRACS transmissions, training requirements to generate 50059s are greatly reduced. In fact, training usually consists of "walking" site staff through entering and printing one or two 50059s on the website or completing our simple tenant income/asset data form. This eliminates expensive training charges usually required with many PC compliance packages, charges which are usually added to the annual license fees. Please note, however, ShofCorp is not a substitute for site staff having an underlying knowledge of the 4350.3 and general HUD occupancy requirements.

Executive Email Alert Service. New free service for ShofCorp client management staff reports monthly on 1) Late recertifications not received and tenants terminated for late recerts by project. Also, 2) subscribers are notified the same day if we receive any rejection messages for MAT30 electronic voucher records from TRACS, or your Contract Authority. Click here to sign up.

Click 59s via WebŪ Demo Menu to see how to enter and print 50059's for a fictitious property, "Misty Vista Apartments." All site staff needs to do is enter and print 50059s, and ShofCorp takes care of running the vouchers and transmitting data to TRACS, all for about the same as most software vendors' annual license renewal fee. ShofCorp will be enhancing the web extranet to include management reports including vacancy, rent roll and expired certs for all projects. If you are not currently a ShofCorp customer, please contact us at 800-824-1657 for information on how to load on your property.

Download Word97/2000 viewer
(For PCs running
Win 95/98/NT)

Contact Information
Tel: 800-824-1657 Fax: 919-878-5842
Address:
ShofCorp
PO Box 5888
Lago Vista, TX
78645
frank@shofcorp.com

TRACS Service Bureau
 ShofCorp currently processes paperwork and electronic data required by the US Dept. of HUD and its TRACS system as a service bureau for more than 300 Property Management Agents in 32 states who manage multi-family apartment buildings in the HUD subsidized programs of Section 8, Section 236, PRAC, RAP and Rent Supplement, and BMIR. ShofCorp has worked with the TRACS system since it first went on-line in 1994.

No Extra Charge59s Via Web is included for ShofCorp customers at no additional charge. ShofCorp tracks rejected vouchers when HAP contracts expire, so you always know what HUD owes you and what needs to be resubmitted after HUD staff updates contract extensions in TRACS and LOCCS.

59s Via Web requires either IE 4 (or later) or Netscape 4 (or later) and MS Word 97 (or later, or the Word Viewer)

Best viewed  with:

Click here   to start

ShofCorp Special Claims Data Form Click to download.

50059 Boilerplate Notice: The 50059 Owner and Tenant notices mandated by Chg-27 are available for download: 1) 59 Notices RTF version. If you have a "Rich Text Format"-capable word processor on your PC, such as Word (or the Word Viewer, which can be downloaded below), this version will print without the header and footer inserted on the document by your web browser. Just click on the link, and after the document loads, go into the "File" Menu of your browser and select "Print." Please note that although the heading looks broken on the screen, it prints just fine. 2) 59 Notices HTML version. All you need is your web browser for this one. You can white-out the header / footer after you print it.

Unit Count (per Project)

Per Month Charge

Above 100 Units

$1.02 per unit/month

65 to 100 Units

$102.30 per month flat

35 to 64 Units

$1.59 per unit/month

15 to 34 Units

$59.40 per month flat

6 to 14 Units

$42.90 per month flat

5 and under

$30.80 per month flat

Note: There is a one-time Load-on Charge of $2.00 per unit to key in all paper 50059s. This charge will not apply if a "Baseline" TRACS data file can be provided to us.

There is a 10% discount for more than one property.

Monthly Service Includes:

  • Computer-generated 50059s from customer data entry forms or handwritten 50059s
  • Subsidy Billings (52670) generated each month
  • Tenant First Notice letters for annual recerts
  • Electronic transmission of all required data to the HUD TRACS system (or HFA/PHA Contract Authorities)
  • Section 8 Special Claims Processing
  • Compliance Web application at NO ADDITIONAL CHARGE!

Send comments about this Web site to frank@shofcorp.com