Resources leveraged:
Private Sector: Edquity repurposes their application process, offering applicant prioritization and sorting capabilities, a user-friendly admin dashboard, tenant/landlord notifications, and integrated payment processing.
Social Sector: Advocacy groups helped identify 500 national program managers, many still in need of a software platform able to integrate the needs of the renters, landlords, and social sector outreach organizations, while moving billions of dollars quickly to prevent evictions.
Public Sector: Repurposes government databases to verify renters, and Urban Institute database ensures funds are distributed equitably across all census tracts.
Benefits reaped:
Private Sector: Expands reach into a new market, with the ability to prove out their technology as a versatile tool across the emergency cash space.
Social Sector: Increases efficiency for rental assistance administrators via well-designed portals; frees up staff capacity, and increases ability to provide better outcomes for constituents, particularly the renters in need (and their landlords).
Public Sector: Increases fund disbursement and provides better assurance that best practices are followed.