Housing Authority. City of Pocatello. of the EQUAL HOUSING OPPORTUNITY

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1 Housing Authority of the City of Pocatello EQUAL HOUSING OPPORTUNITY

2 The Housing Authority of the City of Pocatello (HACP) was established in 1968 to serve the needs of the low income families in our community. The first development proposed, and developed, was Christensen Courts located at 711 N 6th Ave, a 75 unit low-income elderly complex. Since that time, in order to continue to try to meet the needs of the low-income elderly, disabled, and families in our community, we have expanded our programs to include: Section 8 Housing Choice Vouchers, Section 8 New Construction Housing, Section 236 Housing and some Affordable Housing for those families that fall in the gap between being eligible for some form of rental assistance and being able to afford the private market rents. HACP is proud to partner with Neighborworks, Pocatello to offer a unique Rental Rehabilitation Loan Program. This program is available to landlords who wish to rehab a rental property. It's a win/win. The landlord's property increases in 'value, our participants on the voucher program have a better selection of rental properties to choose from, and our community sees neighborhood improvement. I guess that's a win/win/win! Most recently, HACP has been happy to apply for, and receive, VASH vouchers. The e vouchers help Homeless Veteran's and go hand in hand with the Mayor's challenge to End Veteran Homelessness by the end of We believe good work is happening at HACP. I invite you to follow us on Facebook for more regular updates. Thank you - Sunny Shaw, Executive Director 1

3 BOARD OF COMMISSIONERS David D. Packer, Chair Appointed April, 2005 Mark McOmber Appointed May, 2010 Barbara Martin Appointed August 2009 Bobbie Branch, Vice-Chair Appointed September, 2007 Karina Hensley Appointed January, 2013 Michael Orr City Council Liaison The Board of Commissioners is a volunteer Board. Members are appointed by the Mayor and City Council for five year terms. Each commissioner can serve for two full terms. The Board is the governing body of the Housing Authority. They make policy, approve budgets and expenditures, and oversee the performance of the Executive Director.

4 CHRISTENSEN COURTS Christensen Courts, at 711 N 6th Ave. was opened for occupancy in It is a public housing property and houses 72 residents in studio and one bedroom apartments. To qualify for tenancy the applicant must be elderly, near elderly, or di,sabled. The waiting list for housing at Christensen Courts currently runs at a pace of approximately 3 to 12 months (depending on preference of studio unit vs. 1 bedroom unit). This fiscal year, Christensen Courts revenue included $171,073 in tenant rent and misc. income, $91,756 in HUD operating subsidy and a Capital Fund Grant of $65,727. Christensen Courts upgrades this year have included new washers and dryers in all three laundry rooms, a new security camera system, and the renovation of a shop. The Housing Authority is audited each year and received no significant findings in the last audit period. 3

5 PORTNEUF TOWERS Portneuf Towers is a Section 8 New Construction Property. It is a form of project based assistance. Tenants at Portneuf Towers pay 30% of their monthly gross income to rent and utilities. The remaining amount of rent due is subsidized by HUD. Portneuf Towers has 72 one bedroom apartments. The waiting list runs at approximately a 12 month pace. Each year, as per the contract with HUD, Portneuf Towers has a Management and Operations Review (MOR) performed by the contract administrator, Idaho Housing & Finance Association. During this fiscal year, the rating of the MOR was Above Average. Portneuf Towers is a wonderful place to live with an onsite hair salon, pet washing facilities, an exercise room and an ever.. improving game room. The income for Portneuf Towers this fiscal year was $604,397 and the big news this year was the payoff of the mortgage. Upgrades included new laundry equipment in all of the laundry rooms and the painting of two floors.

6 HOUSING CHOICE VOUCHERS Housing Choice Vouchers can be used by participants to find units (apartments and houses) out on the open market within the city of Pocatello. This program helps make units more affordable to lower income households. Participants pay up to 40% of their monthly gross income towards rent and utilities on a unit that has been deemed rent reasorable. The remaining amount is subsidized. This subsidy is administered by HACP. The data below, from the Urban lnstitute's County Affordability Map, indicates the need many in our community have for affordable housing. For every 100 extremely low-income renter households (ELI), there are only 31 affordable and available rental units. In this area, households of four earning less than $16, 600 are classified as ELI. The Gap at a Glance 3,211 Total ELI renter households 1,006 Affordable and available rental units 2,205 The total gap between ELI households and affordable and available rental units 702 Estimated affordable and available rental units serving ELI households with HUD assistance The Housing Authority of the City of Pocatello began the fiscal year with 616 regular vouchers and 15 VASH vouchers. Due to the early pay off of HACP owned property, Maple West, the Housing Authority was able to obtain 43 additional vouchers for tenants at that property. Those residents had the option to utilize the voucher at Maple West, move to another property on the open marke.t, or not to use the voucher at that time. In the case of the latter, those vouchers were put back into our portfolio for families on the waiting list. 5

7 VASH HACP also applied for, and was subsequently awarded, 15 VASH vouchers. These vouchers are in partnership with the VA to house homeless veterans. All 15 vouchers have been issued. Most recently, the Housing Authority has been invited to apply for another 6 VASH Vouchers. HOMEOWNERSHIP In addition to VASH, HACP also operates a homeownership voucher program. Voucher participants who are in good standing and qualify for a mortgage can have their subsidy applied to the mortgage. This is a fabulous tool for those who never imagined that homeownership would be attainable for them. Currently there are 4 homeownership participants on the voucher program. HOMELESS PREFERENCE New to HACP, this year, is the implementation of the Homeless Preference. Individuals who are verified as homeless will now have top priority in voucher issuance. This preference was created in recognition of the fact that our purpose for existence, as a housing authority, is to help those within our community who are most in need. STATISTICS The new increment will bring the total vouchers in the Housing Authority's portfolio to 680. Sadly, due to inadequate funding, HACP has not been able to lease up to full capacity. The current waiting list has 791 applicants and runs at a pace of approximately three years. The current turnover rate on the voucher program is approximately 20%. ' Landlords in our community were paid $2,578,556 in rents from HACP in the last fiscal year.

8 SECTION 23H - MULTIFAMILY HOUSING McKinley Manor and Maple West Apartments McKinley Manor is a 56 unit complex of one, two, and three bedroom units. Maple West is a 44 unit complex and also has one, two, and three bedroom units. Households - must be income eligible in order to qualify for tenancy at both properties. Although the properties have rent rates lower than those generally found on the open market, and all utilities are included, there is no subsidy attached to these complexes. Residents are responsible for their full rent payment. Depending on bedroom size qualified for, there is a 3 to 6 month waiting list for these properties. Both properties received new washers and dryers for their laundry rooms this year and McKinley Manor had several buildings reroofed. Most notable was the payoff of the mortgage on Maple West. 7

9 PINEWOOD APARTMENT & KATSILOMETES COURT Pinewood and Kats are both open market properties. HACP built these properties in the 90's to further fulfill our mission and commitment to affordable housing within our community. These two complexes are for those families that fall in the gap between being eligible for rental assistance and being able to actually afford rents on the private market. The waiting list for these properties typically averages months. Pinewood Apartments is an 8 unit complex with two and three bedroom apartments. This fiscal year, Pinewood had an operating income of $43,463. Katsilometes Apartments has 14 units offering a choice of one or two bedrooms. The two bedroom units are unique to affordable housing in that they have two athrooms. This fiscal year, Kats had an operating income of $66,482.

10 RENTAL REHAB LOAN PROGRAM HACP is pleased to continue the partnership with Neighborworks, Pocatello in this administration and funding of this uniq1m program. '1 This year, 6 loans were funded to landlords within our community for a total of $84, Improvements included windows, doors, carpet, furnaces, foundation repairs, bathroom remodels and much more. Here are two of the properties that have been improved because of this program. _.,:;: - '. BE ORE ; cedar siding..

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14 FISCAL YEAR STATISTICS HUD REAC PHAS (Public Housing Assessment Subsystem) ranking as a High Performer SEMAP (Section Eight Management Assessment Program) ranking as a High Performer As per audit, the total assets, before depreciation were $10, 705,857 To date, the Rental Rehab Loan Program has funded $460, worth of rental rehabilitation within our community Adm in fees received by the voucher program decreased by $48, 700 Private landlords were paid $2,578,556 by the voucher program Property taxes paid by HACP totaled $73,384 Insurance, depreciation and mortgage costs totaled $470,943 Total HACP income was $4,613,110 Turnover for all programs averages 20% 13

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16 Office T earn: Ana, Michele, MaryAnn, Sunny Randy, Lyn, Kelly, Angie Maintenance T earn: Theresa, Lollie Rhubin & Jim Housing Authority of the City of Pocatello P.O. Box N 6th Ave Pocatello, Id

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