Finally Home Security Deposit Grant Program
Housing Trust Silicon Valley is a strong supporter of the countywide effort to end homelessness by providing security deposit assistance to homeless individuals and families and those at-risk of being homeless through the Finally Home Security Deposit Grant Program. HTSV also provides financial assistance for the cost of applications and utilities set-ups.
Based on the 2013 Santa Clara County Homeless Census and Survey, over 7,000 individuals were identified as homeless in the County of Santa Clara. Nearly 5,000 are considered unsheltered, unaccompanied families and unaccompanied youth. Between 2007 and 2010, the County experienced an increase in family homelessness, thought to be largely the result of job loss and home foreclosures. For far too many, the gap between income and the cost of housing is simply too large. As a result many have been forced to move in with relatives, sleep in cars, resort to overflowing shelters, or live on the streets. Still unaccounted for are the large numbers of families living doubled and tripled up in households.
With the competitive rental market, high cost of living and lack of affordable housing, low-moderate income families are finding it more difficult to afford move-in costs, including security deposits. Finally Home provides the means for individuals and families moving from homelessness or at-risk of homelessness; secure more affordable and sustainable housing through Finally Home Security Deposit Assistance Grants.
If you are in need of assistance, please review the following eligibility requirements
- Applicants must submit applications through one of our partner agencies.
- Applicants must be able to demonstrate self-sufficiency beyond the Finally Home Grant.
- Deposit Assistance is restricted to a maximum of $2,500 per household, and may be used for Security Deposit only.
- Grants are restricted to one-time availability per family.
This program is currently funded by Applied Materials, City of Santa Clara, City of Sunnyvale, Schwab Bank