Home Heating Savings Account Program offered

Home Heating Savings Account Program offered

jbenamati Sep 8, 2017 (The Progress)

Home Heating Savings Account Program offered

Pictured with a donation from CBT Bank for the Home Heating Savings Account program, from left, are Kathy Jacobson, Assistant Vice President/Community Office Manager CBT Bank; Susan Hawthorne, Executive Director, Central PA Community Action, Inc; and Bonnie Boop, Family Services Case Manager, CPCA.

Thanks to a generous $5,000 contribution from CBT Bank, Central PA Community Action, Inc. will again be offering the Home Heating Savings Account Program this year to qualified residents residing in Centre and Clearfield counties.

The HHSA is a dollar for dollar match of the saver’s account that will be used to pay heating expenses. The program is designed not only to assist with heating payments, but also to strengthen the family’s savings habits along with educating them on utility reduction. Qualified residents of both Centre and Clearfield counties may sign up for this valuable program.

In order to receive the matching funds, savers must meet 200 percent of Federal Poverty Income Guidelines, open an account at CBT and maintain a regular savings budget of at least $50 per month for four months. During the program time, an additional $50 may be deposited to give the saver a match of up to $250.

There will be two required budget education sessions, the first, when a saver signs up for the HHSA and the second when the saver fulfills the requirements of the HHSA, prior to a check being released.

Upon completion of the program, a check with what the saver has saved, combined with the matching funds from CB&T will be sent directly to the home heating supplier. Both fuel oil and natural gas suppliers will be accepted. The saver’s savings account with CBT will remain open and can be used without fees, for one year, as the saver wishes.

Residents in both Centre and Clearfield counties should call to set up an enrollment appointment with Bonnie Boop at 342-0404.

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