HOT-PHA participants can save funds through which of the following?

Participants in the HOT-PHA (Housing Opportunities for Persons with Aids) program can save funds through various means, and one of those options is the Family Self-Sufficiency (FSS) program. The FSS program is designed to help families achieve economic independence by creating a personalized plan that provides access to various resources, including financial education, job training, and significant savings. Essentially, as families increase their income, a portion of their rent is set aside in an escrow account that they can access upon completing their goals, thereby promoting savings and self-sufficiency.

While employer contributions and the NACA Savings Program may also provide opportunities for saving, the correct choice recognizes the specific role of the FSS program in facilitating savings and economic growth for participants. This program is particularly valuable for those looking to improve their financial situation while ensuring they have support along the journey.