Cloudastructure Expands Presence in HUD and Affordable Housing Markets; Adds Remote Guarding Across Four Mixed-Income Communities
PALO ALTO, CA, May 28, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") a recognized leader in AI surveillance and remote guarding solutions today announced that four multifamily communities operated by a respected Colorado-based nonprofit housing authority have chosen Cloudastructure as their security partner. This represents a continued expansion into HUD Housing Choice and affordable housing programs, further strengthening Cloudastructure's position as a leader in the multifamily housing sector.
The subscribed communities, which include a mix of affordable and market-rate housing, have faced ongoing security challenges including loitering, illegal dumping, and violations of curfews in shared amenity areas. To address these concerns, the communities have adopted Cloudastructure's AI-powered Remote Guarding solution designed to deter threats proactively and enable real-time remote intervention.
Key highlights of the engagement include:
- AI-driven Remote Guarding Implementation: Each community will deploy Cloudastructure's cutting-edge Remote Guarding solution, offering real-time threat detection and live intervention capabilities which deters 98% of all threatening activity.
- Commitment to Affordable Housing: Recognizing the nonprofit's mission, Cloudastructure provided special pricing to help improve safety and regulatory compliance in underserved neighborhoods.
- Flexible Financing: Two of the four properties will be the first to leverage Cloudastructure's new financing program, enabling enhanced security without requiring significant upfront investment.
- Comprehensive Coverage: The partnership underscores Cloudastructure's ability to serve a wide range of housing models with a unified, scalable platform.
"This engagement demonstrates how Cloudastructure's AI-driven Remote Guarding solution addresses the real-world security needs of both affordable and market-rate housing providers," said Lauren OBrien, CRO at Cloudastructure. "It represents a meaningful step in our mission to make communities safer—especially those that are managing limited resources amid increasing safety concerns."
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure's advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.
Forward-Looking Statements
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Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
[email protected]
(704) 574-3732
Investor Contact:
Crescendo Communications, LLC
212-671-1020
[email protected]
