Repayment Agreements

Repayment Agreements track the amount a tenant has paid toward their pre-negotiated and signed agreement. This feature allows the user to setup an agreement and view the tenants history of repayment via Repayment tracking account.

Video Demonstration:

Step by Step Instructions on Setting Up a Repayment Agreement 

1. Navigate to the household you want a repayment agreement for
2. Click the Households Tracking tab.
3. Click on the Repayment Agreements tab.
4. Click the "Set up new Repayment Agreement" button. The new Repayment Agreement setup will then run.
5. Fill in all required fields:

6. Save New Repayment Agreement. 

7. Success! You have now setup a Repayment Agreement for your tenant. Note: The amount entered in the "Repayment Agreement Amount" will be added to the Repayment account in the Tenant Ledger. The Monthly Payment will automatically offset back in to the tenant's AR account each month for the specified Monthly Payment Amount until the Repayment Agreement has reached zero. Making any changes to the terms of the Repayment Agreement will stop this automatic process, and the adjustments will fall on the responsibility of the Housing Authority.