Economic Self-Reliance™

IHO’s Economic Self-Reliance™ Program is designed for residents who have already completed basic budgeting and life skills training and have expressed an interest in achieving sustainable housing independence. Through strategic partnerships and robust community outreach, we link participants with personal, educational, financial, and professional resources that have a proven track record of success. Our dedicated staff and onsite community space (or “pop-up” mobile services) enable us to bring resources and mentors to our properties where participants have the greatest opportunity to engage in them without the obstacles that typically derail progress, such as lack of transportation or childcare.

Components of Economic Self-Reliance

Components of Economic Self-Reliance™ include:

  • Skills and interests assessment

  • Budgeting and goal setting

  • Career planning and development

  • Financial planning and asset building

  • Personal improvement

  • Coaching and peer-to-peer mentorship

  • Transition to housing independence

Economic Self-Reliance™ empowers participants to create and implement a long-term plan to successfully transition from affordable housing to market-rate housing or home ownership. Participants have the opportunity to build assets, increase income, and develop positive habits and relationships that will transform their lives long after our involvement with them. As their skill sets develop, they will also have access to micro-enterprise training, microloans, career development, planning for home ownership, and a savings match program.

As they achieve their goals, participants become leaders and mentors who share their skills and knowledge with other residents who come after them.