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The Housing Authority of Pocatello was created in 1968. Today it manages 826 units funded by several programs including Section 8, Section 236, Public Housing, and Section 8 New Construction Program..
The Housing Authority is established by Idaho Code 50-1910 and is an independent public body dealing with housing matters in the Pocatello region. The five members of the Housing Authority are appointed for five-year terms, and at least one member must be an eligible resident (one who is assisted by the Housing Authority). If you would like to join the advisory committee for the Housing Authority of Pocatello click here to go to the City of Pocatello's Advisory Board page and check if there is a vacancy.
Section 8 Housing - This type of affordable housing is based on the use of subsidies, the amount of which is geared to the tenant's ability to pay. The subsidy makes up the difference between what the low-income household can afford, and the contract rent established by HUD for an adequate housing unit. Subsidies are either attached to specific units in a property (project-based), or are portable and move with the tenants that receive them (tenant-based). The Section 8 program was passed by Congress in 1974 as part of a major restructuring of the HUD low-income housing programs. Section 8 was created to permit federal housing assistance to go for construction or rehabilitation of new low-income housing or to subsidize existing housing.
Section 236 Housing - Section 236 of the National Housing Act (1934) provided a rent subsidy, in the form of interest reduction, through which multifamily housing could be produced. Two rent schedules were utilized: market rent, based on a market rate mortgage; and basic rent, based on a one percent mortgage. Tenants were required to pay the basic rent of 25 percent of their income, whichever was greater, with rent payments never to exceed the market rents. Units were restricted to households that met the low- and moderate-income limits established for the program. The subsidized housing moratorium imposed by President Nixon in January 1973 brought an end to additional Section 236 construction. |
