FY27 Proposed Budget

ICHA Metrics Strategic Plan Value:

Racial Equity, social justice, and human rights

Department Goal:

Provide affordable housing opportunities for vulnerable populations and low income residents. Effectively administer the Housing Choice Voucher, Public Housing, and Family Self-Sufficiency programs to serve the needs of low income households.

Department Objective:

FY 2026 Projected

FY 2027 Estimate

Performance Measures:

FY 2023

FY 2024

FY 2025

Housing Choice Vouchers Voucher Utilization Total Payments to Landlords Number of Households Served

94.88

95

96.4

97

97

$10.18M

$10.6M

$11.1M

$10.9M

$10.9M

1,414 $692

1,475 $712

1,534 $706

1,530 $710

1,530 $715

Per Unit Costs

Participating Local Landlords

432

415

436

430

430

# of returned/unutilized vouchers

187

175

167

170

170

Public Housing Occupancy Rate Individuals Served

94% 272

95% 275

96% 291

96% 290

96% 290

Households with Children Served Elderly/Disabled Served PH Waitlist by unit size, local preference Eff/Studio Tenure of Participants

57 76

60 80

61 84

60 80

60 80

7 years

7 years

7 years

7 years

7 years

48

50

4

0

0

1 BR 2 BR 3 BR

437 260 120

475 290 150

241 134

241 132

241 132

69 37

60 35

60 35

4+ BR

62

70

Family Self-Sufficiency Total Participants Average Monthly Escrow Deposit

192

150

154

200

200

$375

$425

$490

$450

$450

% of Participants with increased employment/income vs. prior year

62%

65%

45%

50%

50%

FSS Graduates

36

50

33

40

50

176