Subsidized rent, tracked the way housing agencies actually pay it.
When a housing agency pays part of the rent, the split changes every time the tenant's income does, and a letter arrives with a new effective date. Propvara keeps each contract, every dated split, and bills the agency and the tenant their correct portions automatically.
Agency: NB Housing · Rent $1,520 / month
| Effective | Agency | Tenant |
|---|---|---|
| Sep 1, 2024 | $1,064 | $456 |
| Apr 1, 2025 | $1,012 | $508 |
| Jan 1, 2026Current | $1,094 | $426 |
Agency balance
Paid to date
Tenant balance
$426 due Nov 1
What it does
- Unit-based contracts (the subsidy stays with the unit, including vacancy payments where the agreement provides them)
- Tenant-based contracts (the subsidy follows the tenant)
- Dated splits: each change letter becomes a new split with its effective date; history is kept
- Monthly rent charges generated once per month, split between agency and tenant
- Separate ledgers for the agency and the tenant
- Rent roll shows both portions
- Agency remittance matching from emailed payment adviceComing soon
Who it helps
Landlords
Know exactly what the agency owes, what the tenant owes, and what's late from whom.
Property managers
Generate monthly rent charges that already split agency and tenant portions.
Tenants
Tenants see only their own portion and balance.
Questions about this feature
Does this work with New Brunswick's rent supplement program?
Yes. Propvara was designed with NB Housing's unit-based and tenant-based arrangements in mind, and works the same way for other provinces' rent supplement programs.
What happens when a split changes mid-month?
Enter the new split with its effective date. Charges from that date use the new amounts; earlier charges are unchanged.
Works well with
- Lender-ready rent roll The rent roll your bank asks for at renewal, current to today, in one click.
- Tenancies, deposits & leases Leaseholders, occupants, rent changes, deposits filed with the province, and move-outs.
- Online rent payments Coming soonPre-authorized debit and card payments, automatic receipts, and a running balance tenants understand.
See your portfolio reconciled.
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