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Date: October 7, 2002

Release: Immediately

FOR MORE INFORMATION CONTACT:
Reba V. Hicks
Public Information Officer
(856) 968-2748


HOUSING AUTHORITY OF THE CITY OF CAMDEN ANNOUNCES NEW "FAMILY SELF SUFFICIENCY" PROGRAM

(HOMEOWNERSHIP OPPORTUNITIES ARE WITHIN REACH)

The Housing Authority of the City of Camden (HACC) proudly announces the beginning of its Family Self Sufficiency Program. The program will assist fifty (50) adults presently participating in our Section 8 Program into job training, child care, counseling, transportation and job placement.

Participants in the FSS Program, some of whom are on welfare, sign a contract that stipulates the head of household will get a job and the family will become self sufficient within five years. While enrolled in the program, as the family's income rises, a third of the income goes into an interest bearing escrow account. If a family fulfills the contract requiring employment and independence from welfare, they can use the escrow accounts for down payment on a home purchase, starting a business, paying back debts and paying educational expenses. If the family fails to fulfill the contract, they do not get the fund in the escrow account and may be terminated from the FSS Program.

Dr. Maria Marquez, Executive Director, stated " we are very pleased to provide another opportunity for our residents to continue to improve their life with adequate resources available throughout our agency. Our goal is to assist fifty families by December 31, 2002 through the FSS Program".


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