03 120312 HCV FSS FY 2012 - Laserfiche WebLink

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Resolution -Multi-Family Housing Revenue Bonds December 3, 2012 Page 2 education, household skill training, job training and employment counseling, substance/alcohol abuse treatment counseling or treatment and homeownership counseling. As part of this program, an interest-bearing escrow account is established by the SARA for each FSS participating household. Escrow credit is based on increases in earned household income and credited to this account by the SARA during the five-year term of the FSS contract. If a participating family completes the contract and no household member is receiving cash welfare assistance, the amount of the FSS account is paid to the head of household. The SAHA has managed the Self Sufficiency program since 1995. Currently, there are 2,658 active voucher participants under the Housing Choice Voucher Program. Forty three individuals participate in the FSS program. Although the SAHA manages the FSS program, it has established public and private partnerships with the following organizations to ensure that FSS participants are successful: Centennial Education Center- Rancho Santiago Community College Neighborhood Housing Services of Orange County Consumer Credit Counseling Services of Orange County Women Helping Women CaIWORKS -Orange County Social Services Agency Transitional Child Care-Orange County Social Services Agency Education Training Program -Orange County Social Services Agency One-Stop Partners at WORK Center -Workforce Investment Board and Santa Ana College. The Santa Ana WORK Center established by the Workforce Investment Board serves as an excellent referral for FSS participants seeking career testing, job training and placement services. FISCAL__IMPACT Funds were anticipated and budgeted in the FY 12/13 budget and deposited into the FSS Program account (no. 14018760-57864). Shelly Landry-Bayle Housing N~anager `" Community Development Agency NTE/SLB/kg Exhibit: 1. HUD FSS Award Letter