Threshold is a sponsor of the 2022 Arizona Housing Forum.One Goal: Safe, affordable homes for all Arizonans. How is Arizona pulling together as One Team to achieve this goal? Join hundreds of affordable housing and [...]
Threshold will be presenting at the Arizona Multihousing Association Board Retreat
Come see the Threshold team at the largest AMA event of the year! Stop by our booth for giveaways, prizes, surprises, and fun! AMA’s annual Trade Show is the Association’s largest event of the year [...]
ADOH is hosting a roundtable for LIHTC applicants to introduce Threshold to expedite leasing QAP bonus-point units for special populations.The Arizona Department of Housing (ADOH) has revised the 2022–2023 Qualified Allocation Plan (QAP) to incentivize [...]
This subsequent presentation will serve as an onboarding for LIHTC properties to operationalize using Threshold. The Arizona Department of Housing (ADOH) has revised the 2022–2023 Qualified Allocation Plan (QAP) to incentivize supportive housing for special [...]
Upcoming information, Padmission training, best practices, and tips and tricks from your Threshold Support team!For this first ever Threshold Webinar and Workshop the team will be focusing on getting everyone comfortable with properties on Padmission [...]
Upcoming information, Padmission training, best practices, and tips and tricks from your Threshold Support team!This installment of Threshold Thursdays Webinar and Workshop will focus on the Request For Tenancy Approval (RFTA). Find out what a [...]
Webinar and Workshop with upcoming information, Padmission training, best practices, and tips and tricks from your Threshold Support team!This installment of Threshold Thursdays Webinar and Workshop will take a deep dive into Rent Reasonableness and [...]
Threshold will be taking part in the judging for the finalists of the AMA Tribute Awards
Threshold is participating in this AMA networking event!https://www.azmultihousing.org/events/2023-phoenix-networking-event-axe-throwing
Threshold will be attending this networking event.https://www.azhousingcoalition.org/forum.html
Come see the Threshold team at the largest AMA event of the year! Stop by our booth (736/637) for giveaways, prizes, surprises, and fun!AMA’s annual Trade Show is the Association’s largest event of the year [...]
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:
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 5 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 5 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 4 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.
List
How It Works
