HDS Companies, a provider of affordable housing software and services to U.S.-based HFAs, has acquired Allita 360. The financial terms of the deal were not disclosed.
Supporting Affordable Housing for over 23 years, Housing and Development Software and eHousingPlus business lines focus on the Multifamily Origination, Compliance, Section 8, Homeownership and Funds & Grants Management markets via their HDS NextGen Solutions.
Allita 360 is dedicated to providing full turnkey solutions to the non-profit sector focusing on housing, development, and grant management. Allita 360's software and services have been utilized at Ohio, Oregon, Minnesota, and Kansas agencies.
Through this acquisition, HDS Companies will expand innovative technologies and services in the marketplace to include Homeowner Assistance Fund (HAF), Emergency Rental Assistance (ERA), Hardest Hit Funds (HHF), Blight Programs (BP), and Program Compliance (PC).
Brian Greenwood, President at Allita 360, and his team will work with Elena Miranda, Vice President of Business Development, who will lead the transition for the HDS Management team. Abdul Mondol, President of the HDS Software Division, Paloma Miranda, Sr. Vice President of Services, and Andrew Moffitt, CTO/CISO will support the transition and related services.