Albuquerque, Clovis, Santa Fe Civic, Santa Fe County, Taos, and Truth or Consequences Housing Authorities Receive Grants
ALBUQUERQUE, NM – January 12, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded a total of $325,403 to six New Mexico housing authorities to help public housing residents find jobs that lead them toward economic independence.
The grants are provided through HUD’s Public Housing Family Self-Sufficiency Program, which enables public housing authorities (PHA) to hire program coordinators who work directly with residents to connect them with local education and training opportunities; job placement organizations and local employers. The purpose of the program is to encourage local innovative strategies that link public housing assistance with public and private resources to enable participating families to increase earned income; reduce or eliminate the need for welfare assistance; and make progress toward achieving economic independence and housing self-sufficiency.
“Families who complete this program accomplish the milestones that improve an individual’s quality of life – a new job or professional certification,” said HUD Secretary Shaun Donovan, who announced the grants today. “Most importantly, these families get the courage and confidence to succeed.”
Public housing residents sign a contract to participate, which outlines their responsibilities towards completion of training and employment objectives over a five-year period. For those families receiving welfare assistance, the PHA must establish an interim goal that the participating family be independent from welfare assistance prior to the expiration of the contract. During their participation, residents may create an escrow account funded with their increasing income, which they may use in a variety of ways, including continuing their education or making major purchases.
A HUD study found low-income families who participated in this program saw their incomes increase at a higher rate than non-participants. According to the study, between 1996 and 2000, FSS participants experienced a 72 percent increase in their median income, from $6,936 to $11,960. Among non-FSS participants, the increase was half as large, at 36 percent.
Grantees and amounts in New Mexico are as follows:
| City of Albuquerque Housing Services | $67,465 |
| Clovis Housing & Redevelopment Agency, Inc. | $43,709 |
| Housing Authority of Truth or Consequences | $54,590 |
| Santa Fe Civic Housing Authority | $55,908 |
| Santa Fe County Housing Authority | $54,939 |
| Taos County Housing Authority | $48,792 |
| State total: | $325,403 |
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HUD is the nation’s housing agency committed to sustaining homeownership; 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 ad enforces the nation’s fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.