New Report: HUD?s Family Self-Sufficiency Program
Posted by on July 2, 2007
Stabilizing and Strengthening HUD?s Family Self-Sufficiency Program
HUD?s Family Self-Sufficiency (FSS) program is a proven approach for helping families in the Housing Choice Voucher program and public housing build assets and make progress toward self-sufficiency and homeownership. FSS works by combining (a) stable, affordable housing with (b) service coordination to help families access services needed to overcome barriers to work and achieve other goals and (c) an escrow account that grows as families? earnings grow. The escrow account functions as both an asset-building vehicle and a tangible financial incentive for families to increase their earnings.
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