Threshold: Landlord Engagement Expands Housing Options for People Exiting Homelessness

About the Program

Category: Community and Economic Development (Best in Category)

Year: 2023

The Threshold program is aimed at increasing housing opportunities for people facing homelessness and housing instability. Property owners and managers who participate in the program 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 program works to provide secure and affordable housing for individuals facing barriers such as a lack of rental history or a poor credit score. The program provides support for both tenants and landlords, creating a win-win situation for both parties. The ultimate goal of the Threshold program is to help individuals experiencing homelessness transition to stable and long-term housing, which is key to improving their overall well- being and quality of life.