Modernize Housing Finance and Community Development Programs
with Allocore
How can agencies modernize housing assistance and community development programs to drive equitable growth while ensuring compliance and transparency? Allocore empowers federal housing agencies to fund affordable housing, neighborhood revitalization, and community infrastructure in a secure, efficient, and fraud-resistant way.
Legacy Systems Are Slowing Housing Assistance When Speed Matters Most
500+ multifamily mortgage applications backlogged. Hundreds of millions in unrealized savings.
Federal agencies managing housing assistance and community development face a fundamental challenge: mission-critical applications remain hosted on legacy information systems and mainframe platforms that are increasingly difficult to secure and costly to maintain.
The result is ongoing inefficiency:
- Multiple disconnected systems requiring application process applications
- Slower processing times that directly impact housing availability and affordability
- Persistent security risks from outdated infrastructure
Legacy systems create bottlenecks and leave vulnerable populations waiting. Federal agencies need infrastructure that can process housing assistance applications quickly and securely, increasing the pace of mission delivery and supporting Americans with their housing needs.
Automate Every Step from Intake to Oversight
Allocore’s platform can automate intake, underwriting, servicing, and compliance for housing assistance, multifamily mortgage processing, and community development programs. Agencies could benefit from:
One Secure Platform
End-to-end automation in one secure platform
Full Transparency
Real-time oversight and audit trails for full transparency
Protect Taxpayer Funds
Built-in fraud detection to protect taxpayer funds
Fast Deployment
Go live in under 90 days, no custom coding required
Proven Impact & Compliance
Allocore processes over 50,000 applications monthly and prevents $1B in fraud annually, supporting responsible stewardship of public funds. As the only platform with FedRAMP High authorization for loans, grants, and fraud prevention, Allocore sets the gold standard for agriculture funding and rural development programs. Built to meet FedRAMP, FISMA, and NIST requirements, our cloud-native technology ensures agencies can accelerate funding while safeguarding taxpayer dollars.
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