The objective of the Security Deposit Assistance Program is to provide funding to eligible applicants for use in emergency situations to prevent homelessness or to assist persons in transitional housing to secure permanent rental housing. Funds may also be used to assist low-income families in securing a more affordable rental housing unit.
Public Housing Authorities and non-profit agencies are eligible to apply.
Funds will be granted for payment of security deposits. Applicants can use Security Deposit Assistance funds in emergency situations to prevent homelessness, to assist families in transitional housing to secure permanent rental housing, or to assist families in securing a more affordable rental unit. All families assisted under this program must be very low- or low-income, with incomes of 60 percent or less of Area Median Income. Applicants (Sub recipients) are eligible for an administrative fee, up to 10 percent of the requested grant amount to cover program expenses.
To apply for SDAP funds visit www.sdhda.org.
Phone: (605) 773-4132