Since 2021, the Threshold program has helped expand housing opportunities across Arizona by strengthening partnerships between property owners, operators, and households in need of stable homes, while providing crucial risk mitigation support to protect property owners and their investments. Thanks to your participation, Threshold has grown into a statewide network of more than 500 property owners and operators across 1,350 properties, helping more than 1,250 households secure safe, stable housing.
As the program evolves, we want to update you on significant changes to the Threshold Risk Mitigation Fund, what this means for you, and how HOM will continue supporting you moving forward.
Program Transition: What’s Changing
Funding for the Threshold Risk Mitigation Fund is nearing full utilization. As a result:
Eligible claims will only be accepted for incidents occurring on or before Dec. 31, 2025.
HOM will process claims in the order they are received, based on remaining fund availability.
Please note: Submitting a claim before the deadline does not guarantee that funds will be available. If funding is exhausted, HOM will notify you.
After funds are exhausted, Threshold-specific reimbursements will end.
This change affects only the Threshold Risk Mitigation Fund. It does not impact all HOM programs.
Many housing programs administered by HOM include their own landlord support or risk mitigation provisions, which will continue according to each program’s contract.
Submit eligible Threshold Risk Mitigation Fund claims before Dec. 31, 2025.
What This Means for Property Owners & Operators
Your partnership remains central to our work, and HOM is committed to making this transition as smooth as possible.
1. Continued Support for Eligible Threshold Claims
Claims for damages or vacancy loss tied to incidents occurring before Dec. 31, 2025, will continue to be processed according to existing guidelines and fund availability.
Our team will support you through inspections, documentation, and claim submission.
2. No Universal Impact Across All Programs
Only Threshold risk mitigation funding is ending. Each HOM program has its own structure and provisions.
Please review:
- Your individual program contract or agreement
- The specific lease terms for each participant
If you’re unsure how these changes apply to your property, your HOM representative can help.
3. Continued Commitment to Landlord Partnership
Even as Threshold-specific funding winds down, HOM remains dedicated to:
- Supporting property owners who lease to tenants with rental assistance
- Protecting investments
- Exploring new strategies for landlord support and engagement
Your partnership continues to play a critical role in ensuring housing opportunities for families across Arizona.
The Threshold Risk Mitigation Fund is closing, but many HOM landlord supports remain available.
Celebrating the Success of the Threshold Risk Mitigation Fund
Looking back, we want to recognize the collective impact you helped create. The Threshold Risk Mitigation Fund has been a powerful tool in protecting property owners from unexpected costs and encouraging broader participation in rental assistance programs.
Since its launch, the Fund has:
- Provided $4.4 million in reimbursements for eligible damage and vacancy loss claims
- Benefited 500+ property owners across 1,350 properties
- Helped maintain housing stability for more than 1,250 households
- Strengthened trust and collaboration between property owners and HOM
These outcomes reflect the success of Threshold’s balanced approach — protecting landlords while expanding access to housing for individuals and families in need.
A Path Forward
Threshold’s accomplishments demonstrate what is possible when property owners, service providers, and housing advocates work toward a shared mission. Together, we’ve expanded access to stable housing and built a foundation of trust that will continue to guide our future work.
As we transition into the next phase, HOM remains committed to supporting you, protecting your investment, and ensuring that individuals and families across Arizona have access to safe and stable homes.
Thank you for your partnership with us, it has been essential to Threshold’s success.
Questions? Please contact your HOM representative or email damageclaims@hominc.com.
