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Manage series 1854678
Content provided by storytelling. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by storytelling or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Working families staying at city homeless shelters must now pay into savings accounts that will be returned to them once they leave.

The Department of Homeless Services said 824 families, about 10 percent of the total family shelter population, have been issued invoices requesting their savings payments. The invoices range from as little $2 to as much as $2,500 a month.

According to DHS, the median payment was $229 and the total amount invoiced to families was just over $200,000. The rule went into effect this month and the first savings payments were due January 15.

DHS Commissioner Seth Diamond said the money is being deposited into interest-bearing savings accounts and the only way to get access to the money is to move out of shelter.

"But when you do leave you'll have money that you can use for household expenses for your portion of the rent for various things that come with establishing yourself in the community," Diamond said.

Originally, the city was going to keep the money as a fee for shelter but protests prompted them to put the money into savings accounts instead. Homeless advocates say it's too early to tell whether the program is working properly. DHS said they won't know how many families complied with the savings requirement until early next month.

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220 episodes

Artwork

storytelling

158 subscribers

updated

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Manage series 1854678
Content provided by storytelling. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by storytelling or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Working families staying at city homeless shelters must now pay into savings accounts that will be returned to them once they leave.

The Department of Homeless Services said 824 families, about 10 percent of the total family shelter population, have been issued invoices requesting their savings payments. The invoices range from as little $2 to as much as $2,500 a month.

According to DHS, the median payment was $229 and the total amount invoiced to families was just over $200,000. The rule went into effect this month and the first savings payments were due January 15.

DHS Commissioner Seth Diamond said the money is being deposited into interest-bearing savings accounts and the only way to get access to the money is to move out of shelter.

"But when you do leave you'll have money that you can use for household expenses for your portion of the rent for various things that come with establishing yourself in the community," Diamond said.

Originally, the city was going to keep the money as a fee for shelter but protests prompted them to put the money into savings accounts instead. Homeless advocates say it's too early to tell whether the program is working properly. DHS said they won't know how many families complied with the savings requirement until early next month.

  continue reading

220 episodes

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