| HOW DOES FSS WORK? |
| Families volunteer to
participate in the FSS program. Through interviews and guidance, a family receives
help in choosing an employment goal. Once the family agrees to participate
in FSS, the family head-of-household signs a contract with the Housing
Authority. The contract outlines the responsibilities of each party to
meet the participant's employment goal. |
| |
| WHAT IS THE FSS ESCROW
SAVINGS? |
| When an FSS family's rent
goes up as a result of increased earned income, we invest a portion of the rent
increase in an interest bearing escrow account. The escrow account is
disbursed to the family when the family's goals have been met and the family
members have been welfare free and/or off public assistance for 12 consecutive
months. In addition, the Internal Revenue Service has ruled that the
payments from and escrow account are tax free. |
| |
| HOW LONG DOES THE FSS
PROGRAM LAST? |
| Participants have five to seven
years to reach self-sufficiency. Program completion occurs when the
family head-of-household reaches his/her employment goal and the family has
been welfare free for 12 consecutive months. |
