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HUD Update: New Resources for Multifamily Family Self Sufficiency Program

14 January 2021
 January 14, 2021
Category HUD News, News

HUD has recently announced the release of new resources and materials for multifamily property owners and management agents on how to design, launch, and manage a Family Self-Sufficiency (FSS) program. The FSS program provides incentives and supports to help families living in multifamily assisted housing increase their earned income and reduce their dependence on public assistance programs. The newly available resources include:

  • Escrow Administration:  Explore a suite of tools and guidance that will support you to plan, manage, and account for escrow savings generated by participants in the FSS program.
  • Program Design and Administration:  Delve into newly posted resources that will help you operate your FSS program, including an overview of the financial coaching and the employment-focused program models, and a series of foundational coaching strategies.

For more information and resources for Multifamily FSS, please visit the Multifamily Housing FSS page on the HUD Exchange.

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