Thursday, January 26, 2023

A Little Known HUD Program Could Help Lift Renters Out of Poverty

From Spotlight on Poverty and Opportunity

Too often, particularly when it comes to federal programs to help lift up low-income families, the national dialogue focuses more on programs that don’t work and not enough on those that do, but eligible recipients may not know exist. A perfect example is HUD’s Family Self-Sufficiency Program (FSS), which helps families in subsidized housing build equity with income that otherwise might have to go exclusively to increased rent. Compass Working Capital is a leader in efforts to make the FSS better known and easier to use, a topic Compass CEO Markita Morris-Louis wrote about recently in a post for the Brookings Institution. Morris-Louis discussed how the FSS could be more widely used recently with Spotlight; the transcript of that conversation, here, has been lightly edited for length and clarity.