FUND Marks One Year of Keeping Families Housed
Compass for Affordable Housing's eviction prevention program has helped stabilize 39 households representing 101 people in its first year.
On August 1, 2025, Compass for Affordable Housing launched FUND at five affordable housing properties where Compass provides resident services. The program was created to help residents experiencing financial hardship catch up on past-due rent and avoid eviction.
In its first year, 39 households representing 101 people have been stabilized through FUND. Twenty households have successfully graduated from the program, and another 19 are actively enrolled and in good standing. Because FUND is a six-month program with rolling admission, participants are at different stages of their journey toward graduation.
Together, participating households and FUND have helped affordable housing properties recover $134,972 in past-due rent, while avoiding an estimated $538,131 in eviction-related costs.
What Year One Taught Us
Year One also gave us a clearer picture of what can put a household's housing at risk.
Households came to FUND after a financial hardship caused them to fall behind on rent. For some, it was a job loss or reduction in work hours. For others, it was an illness or the need to care for a family member, a major car repair, the arrival of a new baby, or the death of a loved one.
These are life events and challenges that many households will face at some point. For households with limited financial resources, these challenges can quickly put their housing stability at risk. FUND is designed to intervene at that point, before past-due rent becomes an eviction and a period of financial hardship becomes a housing crisis.
A Path Forward
FUND provides a structured path for households to resolve their past-due rent. Participants contribute approximately 25% of their arrears through an initial down payment and six-month repayment plan and complete a financial education course. Upon successful completion, FUND provides a grant to cover the remaining eligible arrears, giving households the opportunity to move forward with a clean slate.
The financial education component also helps participants look beyond the immediate crisis. While participants are working to stabilize their housing, the course provides information on topics such as credit, saving, investing, and homeownership that can help them identify the next steps toward their individual financial goals.
As we celebrate FUND's first year, we're grateful to the residents who put their trust in the program, the property management teams whose partnership helps make the program work, and the funders whose investment made FUND possible.
In the coming weeks, Compass will release FUND's first Year One Impact Report, sharing a deeper look at the program's outcomes, the households served, what we've learned, and the impact of investing in eviction prevention.
We're excited to build on what we've learned in Year One and continue helping families remain stably housed, recover from financial hardship, and feel better prepared to take the next steps toward their financial goals.