
Core Insights - Cloudastructure, Inc. has been selected as the security partner for four multifamily communities operated by a Colorado-based nonprofit housing authority, marking an expansion into HUD Housing Choice and affordable housing programs [1][2] - The communities have faced security challenges such as loitering and illegal dumping, prompting the adoption of Cloudastructure's AI-powered Remote Guarding solution for proactive threat deterrence and real-time intervention [2][5] - The implementation of the Remote Guarding solution is expected to deter 98% of all threatening activity, showcasing the effectiveness of Cloudastructure's technology [5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform that integrates AI/ML analytics with video surveillance, providing a scalable and cost-effective security solution [3] - The company emphasizes a lower Total Cost of Ownership, claiming up to 75% savings compared to other systems, and offers contract-free, month-to-month pricing with 24/7 support [3] Commitment to Affordable Housing - Cloudastructure has provided special pricing to the nonprofit housing authority to enhance safety and compliance in underserved neighborhoods, demonstrating a commitment to affordable housing initiatives [5] - Two of the four properties will utilize Cloudastructure's new financing program, allowing for improved security without significant upfront costs [5]