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Independence, MO β Preservation of Affordable Housing POAH , a non-profit owner and developer of affordable housing, has closed on the financing and begun renovations at Hawthorne Place Apartments in Independence, Missouri, a unit development that is home to 1, residents.
Following the announcement about the financing last month, U. Representative Emanuel Cleaver in the House. I thank all of the partners in this effort for the work they do every day to improve the quality of life for Missouri families. Hawthorne Place is the site of the Financial Opportunity Center FOC that administers the Family Self Sufficiency FSS program, a federal program supported by Senator Blunt and Congressman Cleaver that helps low-income residents living in subsidized housing to increase their incomes, reduce their use of public assistance and build savings, enabling them to achieve economic mobility.
Housed within the David Stanley Community Center , the FOC is staffed by the Community Services League and provides financial coaches who work with residents to define financial goals and make connections to the community resources they need to help them succeed, such as training, childcare, and transportation. The program has produced several success stories, including Christina Jacks , a former Hawthorne single parent who gained employment at a Raytown-based company and saved enough money in two years for a down payment on a home.
Read her story. The program creates college savings accounts for every Hawthorne child between 5 and 19 years of age whose family is participating in the FSS program.
The project will look at property management practices and physical design to create a more equitable model for affordable housing that reduces evictions, improves resident and staff retention; promotes healthy, physical design; and contributes to individual and community resiliency. As affordable housing providers have been working to address the growing housing crisis, organizations like POAH have been challenged by decades-old compliance regulations and restrictions that deter them from helping residents address underlying trauma issues that can result in resident evictions, health problems and financial and family instability.