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Housing Alliance: vouchers steady through June 2026 as agency expands property portfolio
Summary
Housing Alliance and Community Partnerships reported on leased vouchers, HUD shortfall funding, recent property acquisitions and plans for 40 new units at 805 North Main and a triangle development.
Jared Mangum, executive director of the Housing Alliance and Community Partnerships, told the Pocatello City Council work session that the agency has preserved current operations despite a national funding shortfall and has several local projects under way.
Mangum said the authority has stopped leasing new vouchers and reduced voucher payments to 97% of Fair Market Rent after HUD funding did not meet earlier projections. “We are funded through June 2026 with what we currently have,” he said.
The agency highlighted recent acquisitions and repairs: purchase of the 805 North Main “Convergence” building, land in the city’s triangle development area, and energy-efficiency work at Portneuf Towers that yielded about $56,000…
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