FS

Frank Shofner

CEO


Professional Overview


Frank Shofner is the Founder and Chief Executive Officer of ShofCorp LLC, based in Texas, United States. ShofCorp is an Affordable Housing Service Bureau, known for maintaining a HUD compliance portal to assist Owners and Managers of assisted housing properties. The company operates primarily within the Information Services industry, specializing in services related to data processing and web hosting.

Company Insights


ShofCorp LLC is located in Lago Vista, TX, and plays a significant role in supporting property management agents by ensuring compliance with HUD Affordable Housing regulations. Additionally, it is noted for its Tenant Rental Assistance Certification System (TRACS), which transmits essential data to the U.S. Department of Housing and Urban Development (HUD).

Key Offerings and Achievements


  • HudMaster™ Software: Developed and perfected under Frank Shofner's leadership for more than five years, HudMaster™ is proprietary software integral to the ShofCorp services, handling over 400 projects across 40 states. It facilitates seamless data processing and transmission required by HUD.

  • Compliance Services: ShofCorp is the sole service bureau providing a compliance website for easy download and printing of HUD-required documents, ensuring streamlined operations for its clients.

  • Advanced Data Recovery: In collaboration with KineticD, ShofCorp has successfully protected and restored mission-critical applications, maintaining business continuity in the event of data loss.


Recent Developments


ShofCorp has recently implemented the new HOTMA TIC guidelines from the California Tax Credit Allocation Committee, which reflects its commitment to staying ahead with regulatory changes impacting assisted housing management.

Additional Information


  • Contact Details: Frank Shofner can be reached via company communication channels; email at frank@shofcorp.com and phone number (800) 824-1657.

  • Employee Base: ShofCorp employs a team of approximately 13 key staff members, including Raimius Foulkes and Mary Wachira, fostering a collaborative environment essential for effective service delivery.

  • Background: Prior to founding ShofCorp, Frank Shofner accrued experience in various roles, notably at McRoberts Management, which has contributed to the strategic and operational expertise he brings to his current leadership role.


Frank Shofner's influence, through ShofCorp LLC, remains pivotal in enhancing compliance and operational efficiency for property management in the affordable housing sector. His expertise in software and service development has positioned the company as a reliable partner for HUD-related services across numerous states.