The Income Savings Requirement (ISR) is a program that requires families with income to save money every month while in shelter. The Human Resources Administration (HRA) will determine if your family must contribute through ISR and how much you will be required to save.
HRA makes their determination based on:
- The type of income you have, either earned (employment) or unearned (Social Security Insurance, for example)
- Which family members have what type of income.
Eligible families will be required to mail a check or a money order to HRA every month in the amount of their savings payment. Cash will not be accepted. Your savings will earn interest in an account managed by HRA. Funds will be returned to you once you exit shelter.
HRA will not consider your savings as income when they figure out your cash assistance of food stamp benefits for 1 year after exiting shelter and receiving your funds.
You cannot have access to the money in your savings account while you are in the shelter. If you leave the shelter, you can request to have that money returned to you.
Contact the Department of Homeless Services.