Welcome to our Service Updates archive. Stay informed about the latest developments at Threshold, including staffing changes, policy updates, and improvements to our programs. These updates reflect our ongoing commitment to fighting homelessness in Arizona and ensuring that we provide the most effective support to those in need. Check back regularly to learn more about how we’re adapting and growing to better serve our community.
Click on a blog post below to learn more.
Navigating lease renewals can be daunting for property owners, but it doesn’t have to be. This guide breaks down the process step-by-step, covering key forms, timelines, inspections, and rent approvals. Whether renewing or ending a lease, get the insights you need to ensure a seamless experience for you and your tenants.
Threshold makes receiving rental payments seamless for property owners. Learn how direct deposit ensures secure, timely payments for housing tenants with HOM vouchers. Get started with our easy guide to setting up ACH payments today.
Going forward, each property owner will have a dedicated Landlord Support Specialist, simplifying communication and streamlining processes. This new approach ensures faster responses and personalized service, making property management smoother and more efficient.
The Housing and Health Opportunities (H2O) program is revolutionizing the fight against homelessness in Arizona. By combining stable housing with vital health care services, this innovative initiative empowers vulnerable individuals to rebuild their lives. Discover how we are creating lasting change!
Threshold has appointed Maritza Garcia as Landlord Support Supervisor and Trevor Thundershield as its new Housing and Health Opportunities (H2O) Coordinator. Both bring extensive experience to their roles, enhancing landlord relations and supporting Threshold’s mission of stable housing solutions.
Starting Dec. 1, 2024, Threshold is updating its landlord incentives and risk mitigation guidelines to better support property owners while continuing to address homelessness. Learn about the new adjustments and how they will help enhance partnerships, streamline processes, and provide stability for both property owners and tenants.
Starting Jan. 1, 2025, Arizona’s rental tax ban will eliminate the need for property owners to collect rental taxes from tenants. As a property owner, this change affects rent and additional charges, but not your income. Learn how to comply with new regulations, adjust lease agreements, and pass on savings to tenants in this essential guide.
Discover the key differences between Rapid Rehousing (RRH) and Permanent Supportive Housing (PSH) in this insightful blog. Learn how these housing programs address homelessness and what property owners should consider when participating. Explore the benefits, challenges, and opportunities each program offers for both landlords and vulnerable populations.
Curious about how to set fair rental rates that benefit both you and your tenants? Discover the essentials of rent reasonableness in this in-depth blog. We break down what rent reasonableness means, the factors influencing it, and best practices to ensure your rents are competitive and compliant. Learn how to optimize your property’s performance and maintain tenant satisfaction.
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Move Out
If damage or eviction occurs despite interventions, the Owner will follow the Risk Mitigation Fund Guidelines and submit a damage claim in seeking reimbursement from Threshold for move-out charges up to:
How It Works
Move In
An initial lease can qualify for an incentive for any combination of the following criteria. All incentives must be verifiable, either by the Owner Operator Support team or Housing Specialist, so please provide documentation noted below:
incentives will be awarded for the first 3 leases a new partner executes, regardless of the timeframe the move-ins occur. (This replaces the 6-month introductory period and enables operators to fully take advantage of incentives.)
incentives will be awarded when using an alternate screening criteria after the initial 3 tenants. Alternate Screening Criteria is any criteria that would typically screen out a specific tenant for a unit, such as:
-the unit usually screens out anyone with criminal history on record
-the unit usually screens out anyone with a previous eviction
but the owner/operator partner will reduce screening criteria for the specific tenant.
incentives for accepting tenants with low/no income will only apply to Rapid Rehousing programs, as PSH program tenancies are fully subsidized, even for tenants with zero income.
incentives will no longer be awarded solely for lowering rents to FMR/PS except for Rapid Rehousing Programs. New rental amounts and risk mitigation funds totaling 3 times the monthly rent make Threshold-supported tenants the smart business choice for property management portfolios.
Tenancy
All the programs provide both financial rental assistance and client-centered supportive services designed to ensure housing stability and recovery. Supportive services provider partners – integrated behavioral health and homeless services providers – help tenants achieve their goals, generally including
Lease Up
Once an applicant has been approved, the operator must complete a Request for Tenancy Approval (RFTA) which includes payment information, lease details, and comparable units to verify rent reasonableness. The RFTA can be found at www.thresholdaz.com/rfta. Other than lease information, a RFTA consists of the following information:
Submit this packet to RFTA@HOMInc.com for processing. A Housing Specialist – a housing professional, often a prior property manager, current REALTOR licensee, or expert in a related field – assigned to support the specific participant, will reach out with any questions or inquiries.
Helpful Tip: This Housing Specialist will be the lead point of contact regarding the individual tenancy, including processing the RFTA, scheduling leases, coordinating care with service providers, and addressing any tenancy concerns.
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