FSS Program Escrow is a financial account where funds are deposited by VIHA on behalf of participating families. Here’s how it works:
Your Very Own Savings Account: As you start earning more, part of your rent increase gets tucked away into a special savings account, called escrow.
Watch It Grow: The more you earn, the more money is saved. And the best part? You earn interest on it, too.
Cash Out Big: Once you’ve met all your goals with the FSS program, that money is yours to keep. You can use it for anything from clearing debts, furthering your education, to even buying a home.
The FSS program is a stepping stone to a better, more independent future for you and your family. It’s not just about saving money; it’s about building a life you’re proud of.