THE FAMILY SELF SUFFICIENCY PROGRAM (FSS)
In developing a qualified homeowner, the FSS program assists families in a self-help approach using positive techniques to resolve credit issues, and develops budgeting programs to establish and maintain a savings program for the future through an escrow account.
FSS program participants have purchased homes in the price range of $53,000 to $109,552. The average purchase price is $78,287. A total of 70 families have realized their goal of homeownership and have purchased their first home through the Family Self Sufficiency Program.
Fifteen of the 70 families have purchased homes in the Madison Heights Community located in the Southeast area of the City of Newport News. The Southeast Community illustrates a collaborative commitment of the City of Newport News and NNRHA to create affordable homeownership opportunities while strengthening older fragile neighborhoods.
Currently, 962 families are enrolled in the NNRHA Housing Choice Voucher and Public Housing FSS program as indicated below:
Program participants:
523 |
Housing Choice Families |
439 |
Public Housing families |
To further develop prospective homebuyers into qualified home- buyers, the NNRHA encourages education and training opportunities that promote self-sufficiency, resulting in increased household income.
Efforts to encourage self-sufficiency have
resulted in the following accomplishments:
70 |
Participants have purchased Homes |
49 |
Participants have earned an Associate's Degree |
27 |
Participants have earned a Bachelor's Degree |
3 |
Participants have earned a Master's Degree |
11 |
Participants have earned General Education Diploma's (GED) |
190 |
Participants have completed Vocational Programs:
|