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The FSS Program is a voluntary, five-year program designed to help participants of the Housing Choice Voucher (HCV/Section 8) program become more self-reliant and financially independent.
(The HASA administers the HCV Program only and does not operate Public Housing.)
The goal of the FSS Program is to empower families to achieve long-term stability, build savings, and work towards greater independence - whether that means advancing in your career, improving your credit, pursuing education, or even becoming a homeowner.
How It Works
Each FSS participant works closely with an FSS Coordinator to develop a personalized action plan tailored to your goals. Together, you'll identify the steps, resources, and support needed to move toward financial self-sufficiency. FSS Coordinators connect families with resources such as:
- Job search and career advancement assistance
- Education and training opportunities
- Credit repair and financial literacy support
- Homeownership preparation
- Community resources and referrals
The Savings Incentive (Escrow Account)
One of the best parts of the FSS Program is the escrow savings account, which allows you to earn money while you work toward your goals. Here's how it works:
- When you start earning more income, your portion of rent usually goes up.
- Under the FSS Program, instead of just paying more rent with no benefit, HASA sets aside the increase in a special savings account for you.
Think of it like this:
- As your income and rent share increase, HASA deposits matching funds into your escrow account.
- You don't put any money into the account - HASA does it for you!
- Over time, as your income continues to rise, your escrow account can grow significantly.
Once you successfully complete your FSS goals - such as maintaining employement, completing training, or becoming free from public assistance - you "graduate" from the program. At that point, you receive the full balance of your escrow account. You can use these funds however you choose - some participants use them to buy a home, start a business, pay off debt, or build long-term savings.
Many HASA FSS graduates have walked away with thousands of dollars in savings, some even exceeding $20,000!
Take the Next Step
The FSS Program can open doors to a new future filled with opportunities, stability, and success. If you're ready to set goals, grow your income, and build real savings, contact the HASA today - and let this be the start of something new!
FSS Program Documents:
Revised 08/2024
FSS Newsletters:
FSS Interest: