Redevelopment Agencies
Condition-based Payments
Versatile & Effective
Urban Infill & Mixed Use — Entitlements, vertical, and activation drive phased releases. Change orders update the schedule without losing audit trails.
Public–Private Facilities — P3 disbursements are tied to construction and service milestones. Incentive reimbursements follow documented proof.
Infrastructure & Streetscapes — Materials delivery, installation, and acceptance tests unlock funds. Prime→sub flows keep suppliers current.
Affordable & Workforce Housing — Permit, inspection, and CO evidence is mandatory before draw. Compliance exports support grantors and auditors.
Frequently asked questions
How does PayKeeper manage multi-party approvals?
Each role—agency, developer, inspector—has defined steps in the workflow. Approvals are time-stamped and linked to specific artifacts. This creates a single, reliable source of truth.
Can we track incentives and reimbursements?
Yes—claims are verified against documented proof before release. We keep incentive balances and draw schedules current. Boards can see progress at a glance.
Does PayKeeper support retainage?
Retainage percentages and release rules are configurable per project. Partial and final retainage follow your evidence requirements. All releases are logged for closeout.
Can developers see status?
Developers get role-based access to requirements, outstanding items, and payment timing. They can upload evidence and respond to comments in context. This reduces emails and shortens cycle times.
How do you handle bond funds?
We maintain separation and reporting that aligns with bond covenants. Draws are supported by the exact artifacts auditors expect. This keeps compliance clean from first dollar to final release.