Hud Announce $45.5 Million For Job Training And Employment
Funding of $45,543,764 to public housing agencies in 48 states across the country, the District of Columbia and Puerto Rico has been announced by the U.S. Department of Housing and Urban Development (HUD). The funding is to help low-income people get job training, employment and homeownership counseling.
HUD’s Housing Choice Voucher Family Self-Sufficiency (HCV/FSS) program provides funds to public housing agencies to hire FSS program coordinators.
FSS coordinators link adults who receive rental assistance through the HCV program to local organizations that provide job training, childcare, counseling, transportation and job placement.
Some of the awardees received funding to hire a homeownership coordinator who assist families with getting the information and resources they need to find a lender and homeownership counseling.
Participants in the HCV/FSS program sign a contract that stipulates the head of the household will get a job and the family will no longer receive welfare assistance at the end of the five-year term.
As the family’s income rises during the term of the FSS contract, a portion of that increased income is deposited in an interest-bearing escrow account.
If the family completes its FSS contract, the family receives the escrow funds that they can use for any purpose, including down payment on a home purchase, paying educational expenses, starting a business or paying back debts.
HUD is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and 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.
Recipients listed by state and amount are:
NORTH CAROLINA $1,344,312
NORTH DAKOTA $224,358
NEW HAMPSHIRE $334,980
NEW JERSEY $2,478,423
NEW MEXICO $430,373
DISTRICT OF COLUMBIA $189,000
NEW YORK $2,509,822
PUERTO RICO $43,958
RHODE ISLAND $598,318
SOUTH CAROLINA $496,968
SOUTH DAKOTA $138,848
WEST VIRGINIA $302,483