11 Federal St. | Saratoga Springs, NY | 12866
Fax: (518) 372-8467
Families who receive rental assistance from Section 8 Housing Choice Voucher Programs are eligible to participate in the Family Self Sufficiency Program.
The Family Self-Sufficiency Program (FSS) is a voluntary program designed to help families achieve economic growth through education, improved employment opportunities, financial planning and home ownership. FSS staff work closely with nonprofit organizations, social service agencies and educational institutions to identify available resources to help participants overcome barriers to economic independence.
If you choose to participate in this program, you will meet with a Referral Coordinator to decide what goals you want to accomplish in the next few years and what steps you need to take to accomplish them.
Credit Counseling – ordering credit reports and scores, disputing errors, offering settlements, making payment arrangements, and creating debt reduction plans
Budget & Financial Counseling – review income, expenses, spending habits, and financial goals. Assist with budget planning and building assets
Homeownership Counseling – building your team of professionals to assist with the home search and purchase process, and providing post purchase assistance.
An additional benefit of the FSS program is the chance to earn money in an escrow account. When your earned income (from employment) increases and your share of rent also increases, Section 8 contributes a portion of the rental increase to build a savings account for you. This savings account is an escrow account that you can use to help meet the goals on your action plan.
These funds can be used to pay off debts, purchase a vehicle, pay college tuition fees, or for a down payment on a home if these are goals on your action plan.
To graduate from the FSS program you must: 1) complete all of the goals on your action plan, and 2) be free from cash assistance (TANF) from the Department of Social Services for 12 consecutive months. Upon graduating, a check for the balance in your escrow account will be delivered to you!
Program Director & Home Ownership Coordinator
Nancie Williams ext. 130
Sonja Daub ext. 128
Jenna Adams ext. 133
Barbara Talbot ext. 123
Alisha Sussman ext. 124
Chris Camburn ext. 127
-O’Neil ext. 122