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Office of Communications

Posted on: May 31, 2022

$5 Million Investment Engages Property Owners, Expands Rental Options

$5M graphic

As part of a comprehensive suite of investments to address affordable housing needs, the Maricopa County Board of Supervisors has approved a $5 million program funded by federal American Rescue Plan Act (ARPA) dollars that expands rental options for people exiting homelessness. Known as ‘Threshold,’ the program features a centralized network of property owners and managers who have committed to providing safe and affordable rental options to help people transition from homelessness to housing. 

"Reducing homelessness requires an 'all hands on deck' approach—from emergency shelter services at times of crisis to permanent housing and resources that lead to self-sufficiency,” said Board of Supervisors Chairman Bill Gates, District 3. “This partnership ensures people working to end their homelessness have a path into the rental market. This is a barrier we need to work together to address, and I applaud the property owners who have chosen to open their doors to everyone in our community." 

The initiative is the result of a public-private collaboration between Maricopa County’s Human Services Department and HOM, Inc., an Arizona-based organization dedicated to offering housing opportunities for people facing homelessness and housing instability. 

Through the Threshold program, participating property owners and managers will receive technical support, financial incentives, rent, and other guarantees that eliminate financial risks for renting to individuals and families that are reestablishing their income sources and rental history as they exit homelessness. The housing made available through the Threshold program is offered by referrals from authorized service providers to people experiencing homelessness who are enrolled in the regional coordinated entry system. 

“We believe individuals, families, and communities are safer, healthier, and stronger when everyone has a home,” said Mike Shore, President, and CEO of HOM, Inc. “The Threshold network recognizes that engaged property owners and managers are instrumental to helping people exit homelessness and seeks to make them collaborative partners in solving the housing crisis.” 

The Threshold program is one of many approaches that Maricopa County is pursuing as part of its $77 million investment to address homelessness and its $65 million investment to address the need for more affordable housing. Funding has been dedicated to a variety of programs along a continuum of housing solutions that address peoples’ needs from the life-disrupting crisis of homelessness through a journey to reintegrating into housing and moving toward personal well-being. 

Investments in a Continuum of Housing Solutions


Crisis
Reintegration
Reintegration
Resiliency
Resiliency
Housing Category
Emergency Shelter
Bridge Housing
Transitional Housing
Rental Unity
Home Ownership
Primary Goal
Life, Safety
Reintroduction
Establishment
Stability & Well-being
Stability & Well-being
Typical Length of Stay
Hours, Days, Weeks
Days, Weeks, Months
Weeks, Months
Months, Years
Years
County Investments
Adding 352 Shelter Beds, Heat Relief, Street Outreach, Ongoing Funding for Shelter Services
Bridge Housing, Ongoing Funding for Support Services
Hotel Conversion, Affordable Rentals, Construction
Property Owner/Manager Engagement, Rent & Utility Assistance, Legal Services
Down Payment Assistance, Community Land TrustNew Home Construction 


Note: Additional services available to eligible Maricopa County residents that help address barriers to being able to thrive and end homelessness include health resourcesWorkforce Development programs for youth and adult career seekers (now accessible in County libraries), domestic violence survivor servicesfood securityno-cost early childhood education services, and services to support seniors and adults with disabilities. 

Maricopa County has focused its federal recovery funding on ways to assist those who have faced the greatest adversities. In addition to establishing a network of property owners and managers for partnerships through Threshold, actions on additional housing solutions have included: 

  • delivering more than $125 million in emergency rental, utility and legal assistance to help prevent evictions
  • adding more than 350 permanent beds to the regional sheltering system
  • providing up to 200 beds for heat relief from May through October 31
  • growing the stock of affordable rental housing by more than 1,000 new units
  • facilitating homeownership with down payment assistance for 140 future low-income buyers
  • increasing the number of newly constructed affordable single-family homes by 128

For more information on the assistance that is available and making a positive impact for people in Maricopa County, visit Maricopa.gov/Rescue.  

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