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The Housing Security Deposit Loan Guarantee Program is a loan program with a guarantee to the landlord, that in the event of a default, they will be reimbursed the amount of the security deposit. The client is responsible to make monthly payments towards the security deposit until paid in full.

Eligibility Requirements

  • Ages Served: All ages – head of household must be at least 18 years old
  • Income Guidelines: Income needs must be within HUD’s guidelines & must demonstrate an ability to make installments
  • Geographic Area: Belknap and Merrimack Counties
  • Program Cost: If approved, only monthly payment until loan is fulfilled
  • Other Requirements: The landlord must be willing to accept a guarantee certificate in lieu of any other security deposit

Fast Facts

  • Monthly payments are determined by what you can afford
  • Once the loan is paid in full the security deposit will be transferred to the landlord
  • There is no limit as to how many times you can use this program as long as you do not default

Location

2 Industrial Park Dr,
Concord, NH 03301

Contact

Please contact the agency area center closest to you:

Concord – 603 225-3295

Laconia – 603 524-5512

Franklin – 603 934-3444

Suncook – 603 485-7824

Warner – 603 456-2207

Meredith – 603 279-4096