On November 19, 2015, more than 65 practitioners, policymakers, advocates, and researchers gathered at a roundtable sponsored by Compass Working Capital to discuss opportunities to integrate asset building and financial capability strategies into subsidized housing programs. The roundtable focused in particular on opportunities offered by the Family Self-Sufficiency (FSS) program – an initiative of the U.S. Department of Housing and Urban Development (HUD) designed to help residents of subsidized housing increase their earnings and build savings. The roundtable also considered a broader set of opportunities, including the possibility of modifying the basic model of subsidized housing to build in regular, automatic savings for all housing subsidy participants.
As a follow up to the roundtable, Compass is pleased to release a report that summarizes the broad themes discussed at the roundtable and captures a set of next steps for moving forward a common agenda designed to maximize opportunities for subsidized housing participants to build assets and financial capability. Click the image below to view the full report.