Buying a home has been a symbol of the American dream. But for far too many, that dream has remained out of reach.
"I don't have enough for a down payment."
"I don't know anything about buying a home."
"I don't make enough money."
The JPHSDD is turning the dream of homeownership into an achievable goal with the Family Self-Sufficiency Program (FSS). The FSS is a 5-year program that encourages residents to improve their employment, economic, and educational opportunities. The purpose of the program is to help participating FSS family members learn the skills and obtain the experience necessary for them to secure employment that pays a living wage.
"We've had a tremendous amount of success with this program helping working-class families in Louisiana," said JPHSDD Executive Director Dorian Rawles. "We need to give families every opportunity to provide the best possible life for themselves and their families. This program can convert your rental voucher into a down payment for your own home."
To participate in the FSS Program, one must meet the following criteria:
- Be on the Housing Choice Voucher Program
- Be 18 years of age or older.
- Be motivated to become financially independent.
Participation in the FSS program is voluntary. The program is beneficial to residents who are serious about increasing the financial stability of their family.
During the 5-year period of the contract, any increase in earned income is credited to an interest-bearing escrow account established by the JPHSDD.
The FSS program is designed to reward residents who have achieved their targeted goals and have improved their financial status. For information on the Family Self-Sufficiency Program, contact: Simeon Dickerson at (504) 227-1455.
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