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Evidence of widespread poverty among persons with severe psychiatric disorders is steadily accumulating, along with apprehensions about the consequences of economic scarcity for the course of mental illness. Despite this, the problem of poverty appears to be largely ignored in psychiatric rehabilitation generally, and by state-of-the-art initiatives in vocational rehabilitation in particular. This paper presents strategies for alleviating poverty developed by participants in an experimental housing program for persons with severe and persistent mental illness. The data provide empirical support for the argument that poverty can be addressed as part of the rehabilitation process.