HDS Companies, the American leader in affordable housing software,
MIAMI, Oct 26, 2021 (GLOBE NEWSWIRE) – HDS Companies, the leading provider of affordable housing software and services to US-based HFAs, has announced the acquisition of Allita 360. The financial terms of the agreement were not disclosed. Supporting affordable housing for over 23 years, the Housing & Development Software and eHousingPlus business lines focus on the Multi-Family Origin, Compliance, Section 8, Home Ownership markets. ownership and management of funds and grants through their HDS NextGen solutions.
Allita 360 is dedicated to providing complete turnkey solutions to the non-profit sector with a focus on housing, development and grant management. Allita 360 software and services have been used at branches in Ohio, Oregon, Minnesota, and Kansas.
With this acquisition, HDS Companies will expand innovative technologies and services in the market to include Homeowners Assistance Fund (HAF), Emergency Rental Assistance (ERA), Most Affected Funds (HHF ), Blight Programs (BP) and Program Compliance (PC). .
âThis strategic transaction will expand our product line and expand our direct services to create unique capabilities that will further serve the affordable housing and community development markets,â said Cristina Miranda Gilson, Founder and CEO of HDS Companies. “We are all looking forward to acquiring Allita 360 and the strategic opportunities ahead.”
Brian Greenwood, President of Allita 360, and his team will work with Elena Miranda, Vice President of Business Development, who will lead the transition for the HDS management team. Abdul Mondol, President of HDS Software Division, Paloma Miranda, Senior Vice President of Services, and Andrew Moffitt, CTO / CISO will support the transition and associated services.
âWe are delighted to pass Allita 360 to the HDS companies. The synergies between the two companies and the management that HDS Companies provides to our clients, combined in this acquisition, will provide an incredible opportunity to further develop technologies and services for the housing industry âsaid Brian Greenwood, CEO of Allita 360 .
For more information, please contact Elena Miranda, Vice President of Business Development at [email protected] or 954.384.1959.
ABOUT HDS Companies
Founded in 1998, Housing and Development Services, Inc. (HDS Companies), through its two business divisions, Housing and Development Software and eHousingPlus, is the leading provider of diversified business solutions and professional technical services to the U.S. affordable housing and community development market. HDS has worked with over 150 state and local agencies across the continental United States and has stayed on top of its game for the past 23 years.
Image 1: HDS companies
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