Two unique intervention programs promote access to permanent housing providing opportunities for low income individuals and families to secure safe, affordable housing in New Hampshire's low vacancy high cost rental market. These programs may serve as both a landlord incentive to rent to someone who may not have a strong housing or credit history, and provide financial assistance in the form of an affordable loan or guarantee to the client. With the current median cost for a two-bedroom apartment in the State at $1,041, these programs can assist homeless individuals and families to move more quickly out of homelessness than if they were to save up the funds (often first and last month's rent plus the security deposit) necessary to move into an apartment.
The Housing Security Guarantee Program (HSGP): This is a non-cash voucher program that provides a guarantee for the security deposit to the landlord. The agency provides a guarantee for the security deposit to the landlord, while the tenant makes payments to the agency until the total amount of the guarantee is met.
The Homeless Housing and Access Revolving Loan Fund (HHARLF): This program provides loans for the first month of rent and/or security deposit for homeless individuals and families.