The FSS Program is administered through the Michigan State Housing Development Authority’s (MSHDA) Housing Choice Voucher Rental Assistance Program. MSHDA provides housing assistance, an interest-bearing escrow account, and the general coordination of the FSS program. Families living in assisted housing are often subject to a multitude of personal and financial troubles including a dependence on social service programs, and a limited ability to change their status. Families often want out of this situation, but feel they are faced with unsurmountable barriers. The Family Self-Sufficiency (FSS) Program provides for coordination of local, community-based resources that promote economic independence for families living in assisted housing. Let yourself envision a future where you are in control.
Would you like to own your own home?
Have you ever wanted to finish school?
Would you like to improve your income or even pay off debts?
As a HCV Participant these are some of the things you may choose to do if you become a successful FSS Participant. As a FSS Participant:
The family pays a portion of its housing costs relative to the family’s income and MSHDA subsidizes the balance. When the family’s income increases, the family pays more money monthly for rent.
Under the FSS program, as the tenant pays more for rent, MSHDA makes a monthly deposit into their account based on the amount their rent changes due to change in their earned income.
Example: Based on 30% of monthly-adjusted income.
Rent at begin date of initial FSS Contract:
Rent for unit is | $500 |
Family’s rent portion is | $100 – |
MSHDA's portion to landlord is | $400 |
Six months later family’s income increases.
Rent for unit is | $500 |
Family’s rent portion is | $200 – |
MSHDA’s portion to landlord is | $300 |
FSS earned escrow monies per month would be $100. MSHDA originally paid $400 and now pays $300 (400 – 300 = 100).
Note: Increases in assistance payments, child support, etc. will affect the rent, but will not put money into the FSS account.
The future may be brighter than you think!
Please contact a MSHDA FSS Specialist for more information:
Office of Housing Voucher Programs
Empowering individuals and families today for a better tomorrow!