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Housing Notice H-2016-08 Family Self Sufficiency Program in Multifamily

Monday, August 29, 2016

RHIIP Listserv Posting #359    
August 26, 2016


On Friday, August 26, 2016, Housing Notice H-2016-08, was published.  http://portal.hud.gov/hudportal/documents/huddoc?id=16-08hsgn.pdf.  This establishes a Family Self Sufficiency (FSS) program in multifamily Housing.  FSS is a HUD program that provides incentives and supports to help families living in multifamily assisted housing to increase their earned income and reduce their dependence on public assistance programs. FSS promotes the development of local strategies to coordinate the use of HUD rental assistance programs with public and private resources, to enable eligible families to make progress toward economic independence and self-sufficiency.

 

Owners of privately-owned HUD assisted multifamily housing can voluntarily establish and operate an FSS program at their housing sites. Participation in the FSS program is voluntary for families living in these properties.  Families entering the FSS program work to develop goals that will help the families make progress toward self-sufficiency within a 5-year period.  When the family meets its goals and completes its FSS contract, the family becomes eligible to receive funds deposited in an escrow account.

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