Compare HDS Funds Management System vs. Streamlyne Research in 2025

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Description

The Housing and Development Suite of Systems includes a comprehensive allocation management feature. The HDS Funds Management System empowers agencies to create, monitor, report, and distribute financial resources from all sources, whether federal or non-federal. This system seamlessly integrates with the HDS Multifamily, Single Family, and IDIS Systems, while also offering a direct interface with the HUD IDIS System, facilitating budget management for various programs, projects, and activities. Through FM Allocation, agencies can strategically allocate and reallocate program funding based on its source and the corresponding fiscal year. Within this allocation feature, agencies are provided with multiple perspectives on fund distribution tailored to specific fund setups. Additionally, the Project & Activity Tracking component enables agencies to gather comprehensive data on project and activity details related to a variety of grant programs. This module also includes a wide range of management and workflow tools, as well as structured training on outcomes and program specifics, covering initiatives such as CDBG, CDBG-R, NSP, HOME, HOPWA, ESG, TCAP, and HPRP, thereby enhancing the agency's operational efficiency and effectiveness. Overall, the integration and capabilities of the Housing and Development Suite of Systems significantly streamline the management of housing funds and programs.

Description

The Proposal Development module allows for collaborative development of a proposal. It also collects data and attachments required for reporting, approvals, and tracking. A development proposal can be edited simultaneously by up to three people: one in budget, where detailed and modular budgets can built using your rates, object codes, one uploading, editing attachments and one in the rest of the proposal record, where details about project personnel, compliance details and other summary data can all be entered. This information can be used to support all submissions as well as internal processes. It can also serve double duty through Grants.gov's System-to-System submission capabilities. The Institutional Proposal module creates a versioned master record of the proposal. When a development proposal has been finalized, an Institutional Proposal module is automatically created.