Why San Antonio Food Bank is building affordable housing
“In addition to the savings, families will benefit by having a portion of their monthly payments put into an account that they’ll be able to access at the end of their two- to three-year rental. Food-bank case managers will work with families to identify how best to use the funds, such as for debt reduction, education or other housing.
The temporary support is expected to help families build up equity and assets, and ultimately a pathway out of poverty. ‘The strategy is to try to give a little breathing room so there’s stability and security,’ Cooper said. ‘It will be interesting to see how this changes their trajectory.'”