UU Public Housing FSS Escrow Account
Funds received from a Public Housing FSS escrow account prior to completion of the FSS program are not countable.
 
The Family Self Sufficiency (FSS) program promotes employment and increased savings for public housing residents to end dependence on public assistance.
 
When an FSS participant's rent is increased due to earned income, the Public Housing Authority opens an escrow account for the participant. The Public Housing Authority deposits the amount of the rent increase into the account each month upon receipt of the participant's rent payment.
 
FSS escrow account funds are disbursed to the participant at the following times:
 
Prior to completion of the FSS program, for purposes related to the goal of the FSS contract, such as any of the following:
Home ownership
Higher education
Job training
Start-up expenses involved in self-employment
Upon successful completion of the FSS program.
 
Key the OX Unearned Income Code in the INC TYPE field on UNIC.
 
For treatment of funds received from a Public Housing FSS escrow account after completion of the FSS program, see Lump Sum.
 
(See Public Housing FSS Escrow Account - LIAS for treatment as a resource)