Evansville Housing Authority
Public Housing Self-Sufficiency Program
The purpose of the Public Housing FSS (PHFSS) program is to promote the development of local strategies to coordinate the use of assistance under the Public Housing program with public and private resources, enable participating families to increase earned income and financial literacy, reduce or eliminate the need for welfare assistance, and make progress toward achieving economic independence and housing self-sufficiency. Each family that is selected to participate in the FSS program must enter into a contact of participation with the Evansville Housing Authority, the contract shall be signed by the head of the FSS family and be individually designed to benefit the subject family. The contract term for participating families shall be for 5 years.
The centerpiece of the PHFSS program is a special escrow account that is set up for each family. When the family’s income increases as the result of a promotion and/or pay raise at work, the money that would normally go toward rent goes into an escrow account.
Once the family successfully completes the program, the money in the account is theirs to use. Some participants use this money to move into unsubsidized housing; others may use it as a down payment on a home.