The Family Self-Sufficiency (FSS) Program is a HUD program designed to help families receiving housing assistance, such as Section 8 vouchers, become more economically independent. It provides support and resources to help families increase their earned income, reduce their reliance on government assistance, and build financial assets.

Here's a more detailed explanation:

Key Features:

Voluntary Participation:
Families can choose whether or not to participate in the FSS program.
Financial Incentives:
Participants can earn an escrow account (a savings account) as they increase their earned income. The funds in this account become available to the family upon successful completion of their FSS contract.
Case Management/Coaching:
FSS specialists work with families to develop a 5-year plan, identify barriers to employment, and connect them with supportive services like job training, educational opportunities, and financial literacy programs.
Goal Setting:
Participants work with their FSS specialist to set and achieve goals related to employment, education, and financial independence.
Partnerships:
The program often collaborates with local agencies, community organizations, and employers to provide a wide range of services.

Benefits:

Increased financial stability and independence.
Reduced reliance on public assistance and rental subsidies.
Opportunities for education, job training, and career advancement.
Access to resources and support services in the community.
The potential to achieve homeownership.

to learn more about educational opportunities, Please click here.

How it Works:

1. Enrollment: Families participating in programs like Section 8 housing vouchers can apply to join the FSS program.

2. Contract: If accepted, families sign a contract outlining their responsibilities and the steps needed to achieve self-sufficiency.

3. Progress: Participants work towards their goals, increasing their income and building financial assets.

4. Escrow Account: As the family's income increases, a portion of the savings is deposited into an escrow account.

5. Completion: Upon successful completion of the FSS contract (usually within 5 years), the family can access the funds in their escrow account.

In essence, the Family Self-Sufficiency Program is a pathway to economic independence for families receiving housing assistance, empowering them to build a better future for themselves and their families.