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HUD No. 03-112
Donna White
(202) 708-0685
www.hud.gov/news
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For
Release
Thursday
October 23, 2003 |
MARTINEZ ANNOUNCES MORE THAN $47.6 MILLION IN GRANTS TO HELP FAMILIES ACROSS
THE U.S.
Funding Aimed at Making Families Employable, Self-Sufficient
WASHINGTON - Housing
and Urban Development Secretary Mel Martinez announced $47,688,000 in grants
today to 771 housing authorities
in all 50 states, the District of Columbia, Guam and Puerto Rico that will
be used for job training and placement for low-income citizens.
"This
funding will help thousands of citizens find employment and eventually become
economically independent," said Martinez. "HUD is committed to revitalizing
communities through job advocacy, training programs and economic development."
HUD's Housing
Choice Voucher Family Self-Sufficiency (HCV/FSS) Program provides funds to public
housing agencies specifically for the employment of family self-sufficiency
coordinators. The FSS coordinators assist adults in job training, childcare,
counseling, transportation and job placement programs.
Participants in the job preparedness program, some of whom are on welfare, sign
a contract that stipulates the head of the household will get a job and the
family will become self-sufficient within five years. While enrolled in the
program, as a family's income rises, a third of that income goes to an interest-bearing
escrow account.
If a family
fulfills the contract requiring employment and independence from welfare, they
can use the escrow account for down payment on a home purchase, starting a business,
paying back debts and paying educational expenses. If a family fails to fulfill
the contract, they do not get the funds in the escrow account and may be terminated
from the FSS Program.
HUD is
the nation's housing agency committed to increasing homeownership, particularly
among minorities, creating affordable housing opportunities for low-income Americans,
supporting the homeless, elderly, people with disabilities and people living
with AIDS. The Department also promotes economic and community development as
well as enforces the nation's fair housing laws. More information about HUD
and its programs is available on the Internet at www.hud.gov.
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