ActioNet Awarded Housing & Urban Development (HUD) Voucher Management System (VMS) Contract

Vienna, VA – March 21, 2014

ActioNet, Inc. announced today the award of the HUD Voucher Management System (VMS) contract. This system’s primary purposes are to collect and monitor Public Housing Agency (PHA) reporting on the aggregate leasing and associated costs of the Voucher Program. VMS collects PHA data that enables HUD to complete budget formulation, determine PHA calendar year funding eligibility, calculate Cash Management needs, obligate and disburse funding in a timely manner based on actual PHA use, and to monitor utilization of program resources.  The web-based VMS application facilitates electronic submission of monthly program data by the PHAs which makes the data accessible to users in the OHVP, REAC and Field Offices (FO). The objective of this program is to continue operation and maintenance of the VMS system and obtain IT development, modernization and enhancement (DME) support services to assist with improving HUD’s program accountability and product delivery to its customers and business partners through improved data integrity and efficiency of system processes.

About the Department of Housing & Urban Development (HUD)

HUD's mission is tied to the Housing Act of 1949 and the directive to create “a decent home and suitable living environment for every American family.” Building on this founding mandate, HUD continues to develop and preserve quality, healthy, and affordable homes, with a clear focus on the need for decisions about owning or renting that are financially appropriate to the individual or family. HUD delivers on their commitment towards community development, recognizing the importance of place in shaping the lives of the American people. This commitment includes a focus on the physical, social, economic, and environmental sustainability of American communities. In addition, HUD undertakes this housing and community development mission with an eye toward ensuring choice and opportunity for all people pursuing the promise of a better life. HUD's vision is one in which strong housing and communities —the core focus of HUD's mission— result in a better quality of life and the fulfillment of the promise that America holds, for all people. The URL is www.hud.gov.

About ActioNet, Inc.

ActioNet, Inc., headquartered in Vienna, Virginia, is an SEI CMMI® Level 3, ISO 20000, ISO 9001:2008, ISO 27000, 8(a) and woman-owned IT Services Firm with strong qualifications and expertise in Program Management, Infrastructure Solutions, Information Assurance, Software Engineering and IT Business Governance. As a process-oriented company, ActioNet also follows the Project Management Institute (PMI) methodology as well as Information Technology Infrastructure Library (ITIL) standards. ActioNet has outstanding past performance, as evidenced by our "Exceeds Customer Expectations" rating from Dun & Bradstreet and a 92 out of 100 rating from Open Ratings. ActioNet holds the highest 3A1 Financial Rating from Dun & Bradstreet. ActioNet was named one of the Virginia's Fantastic 50 winners in 2011 for the eighth year in a row.

For more information, please visit our web site at www.actionet.com

Contact:

Michelle Barnes, 703-204-0090 Ext. 102, BD@actionet.com