- George Prentice
- City of Boise officials compared $5.3 million in current annual costs to assist the chronically homeless to the $1.6 million needed for a Housing First model.
Monday's announcement revealed a proposal from Boise Pacific NIHC Associates has been selected to develop "a permanent supportive housing project." The inaugural Housing First facility will be named New Path Community and funded through $5.8 million in low-income housing tax credits from IHFA, $1 million from the city of Boise and another $500,000 from IHFA.
The single-site project is expected to provide safe, stable housing and services for up to 40 families and/or individuals experiencing chronic homelessness. It will be located at the corner of Fairview Avenue and 23rd Street in Boise, and construction is expected to commence in spring 2017.
- George Prentice
- Boise Mayor Dave Bieter announced the Housing First initiative Feb. 9.
Additionally, $500,000 has been committed for the project's support services, including treatment and counseling. The funding comes from Ada County ($250,000), St. Luke's Health System ($100,000), Saint Alphonsus Health System ($100,000), United Way of the Treasure Valley ($25,000) and the Laura Moore Cunningham Foundation ($25,000).
Prior to launching the Housing First Initiative, research from Boise State University revealed 100 chronically homeless residents cost the Boise community at least $5.3 million a year in services, criminal justice costs and medical expenses. The study also concluded the estimated cost of providing permanent supportive housing options, such as Housing First, was approximately $1.6 million.
The city and its partners announced they would be pursuing the Housing First model in February 2016.