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(VHDA) has begun collecting information to understand the current status of public housing inventory in
Virginia to assist housing authorities to find viable solutions for its housing portfolio.
Describe the public housing agency's strategy for improving the living environment of low- and
moderate-income families residing in public housing:
The Authority’s strategy for improving the living environment of low-and moderate-income families residing in
public housing is to enable families to achieve economic independence and self-sufficiency through (1)
establishing family goals such as seeking and ultimately attaining employment; (2) having a desire to become
self-sufficient; and (3) families having the desire and the willingness necessary to improve their living
environment in order to become self-sufficient. These objectives are attained through the establishment of
escrow savings accounts. The escrow account increases when:
Families begin receiving earned income from employment or the family’s earned income
increases
Higher monthly escrow contributions are made
The amount of money in a Family Self-Sufficiency (FSS) account is paid to the participant once the
Contract of Participation has been successfully completed.
In addition, the Authority provides resources to families to help them improve their living environment by
providing resources such as:
Obtaining a G.E.D.
Obtaining an Associates or Bachelor’s degree
Becoming an entrepreneur
Becoming financially stable
Receiving appropriate human resources services
Exploring home ownership opportunities
Planning long-term goals
Benefitting from family counseling services
Re-establishing self-esteem and motivation
Offering home ownership through the Family Self-Sufficiency (FSS) program
Discussion:
N/A
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