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HUD's Car Ownership Program: Building Assets for Economic Self-Sufficiency

Join HUD's Family Self-Sufficiency program and gain access to the top-secret Car Ownership Program, designed to promote economic self-sufficiency and asset-building for participants. With over 73,000 FSS participants across 1,000+ programs, you can accumulate assets and achieve financial stability. Take advantage of our no-limitation escrow use, with car ownership and repairs being a principal use. Increase access to cars with larger FSS programs, partnerships between housing and work-promoting agencies, stable funding, and strengthened links between FSS and car ownership programs. Contact Project Director Jeff Lubell at jlubell@fsspartnerships.org or 202-270-5251 for more information.

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HUD's Car Ownership Program: Building Assets for Economic Self-Sufficiency

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  1. FSS: HUD’s (Top Secret) Car Ownership Program Jeff Lubell, Project Director, FSS Partnerships jlubell@fsspartnerships.org. 202-270-5251

  2. Family Self-Sufficiency program • Goals: • economic self-sufficiency • asset-building • 73,000 FSS participants in 1,000+ programs • Asset accumulation • Median asset accumulation (grads):$3,351 • No limitation on use of escrow • Car ownership and repair one of the principal uses of escrows (especially interim withdrawals)

  3. HUD Funding HUD Funding Family Self-Sufficiency (FSS)

  4. Source: HUD Evaluation of FSS (2005)

  5. Increasing Access to Cars • Expand size of local FSS programs • Build partnerships between housing agencies and agencies that can supply work-promoting case-management • Support more stable FSS funding • New America Foundation paper • Strengthen links between FSS and car ownership programs

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