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Are grantees allowed to charge a program fee (e.g., 30% of a participant’s adjusted gross income) and use it to establish a savings account for the participant?

April 26, 2017Adjusted allowed charge fee grantees participant program savings account

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Are grantees allowed to charge a program fee (e.g., 30% of a participant’s adjusted gross income) and use it to establish a savings account for the participant?

1 Answer

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10 Posted

Grantees and subgrantees may not charge program fees to participants. However, programs may be designed to require participants to pay a portion of their income for rent and/or into escrow/savings accounts for the purpose of maximizing their housing stability.