Breaking Ground - 2022
Eight low-income families will find a home.
Thanks to our partnership with Idaho Housing and Finance Association (IHFA), we are thrilled to announce that PAHA will start construction in Post Falls on eight beautiful townhouses in 2022. The funding source is through the National Housing Trust Fund Program (HTF Program). The funds are dedicated to providing affordable housing for "extremely low-income households." The development plan calls for a total of 24 townhomes to be built over the next 5 years. The first eight units will include four, 3-bedroom and four, 4-bedroom townhomes.
Housing is considered “affordable” when the cost for housing plus utilities does not exceed 30% of total household income. Rent for these units will not exceed this 30% threshold. Recently, Kootenai County has experienced a sharp increase in the cost of housing with over 80% of our county’s low-income families paying more than 50% of their income for housing. Rental homes are currently being sold at record pace adding even more pressure to the market and resulting in many low-income families losing their homes without options for alternative housing.
Affordable housing across a wide range of income levels is desperately needed right now in Kootenai County and PAHA is working closely with others in the community to understand, assess and develop strategies for addressing the critical need for housing.