Subsidized rent without the spreadsheet gymnastics.
Rent supplements change every time a tenant's income does. Propvara keeps each subsidy contract, every dated change letter, and the agency's and tenant's ledgers separate, so you always know who owes what.
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 changes
The agency's portion changed and the old amount kept getting billed.
Enter the new split with its effective date; charges follow it.
You can't tell whether the tenant or the agency is behind.
Separate balances for each payer.
Your lender's rent roll needs to show subsidy income.
Rent roll shows tenant and agency portions side by side.
The features you'll use most
Questions
Unit-based or tenant-based?
Both. Unit-based contracts stay with the unit; tenant-based contracts follow the tenant.
Does it handle vacancy payments?
Unit-based contracts can be marked as paying while vacant, where the agreement provides for it.
See your portfolio reconciled.
Try every feature free for 14 days. Founding members keep 30% off for as long as they stay.