If you are a current HCV voucher holder and wish to apply for a matching grant for a security deposit, please send all of the following to email@example.com and please ensure that ALL document are completed and signed before submitting:
1) a letter, signed by yourself, indicating why you are requesting security deposit assistance which includes your:
– PHA HCV client ID#,
– phone number and
– email address;
2) the amount you would pay to the landlord (this would be matched by PhillySEEDS, up to $2,000 – and before PhillySEEDS would issue any matching grant payment, a copied receipt of your payment to the landlord would also be required)
3) a copy of your lease, and
4) a copy of your HCV voucher – RFTA
Since the Housing and Community Development Act of 1974, the housing choice voucher program (otherwise known as Section 8) has been the federal government’s major program for assisting very low-income families, the elderly, veterans, and the disabled to afford decent, safe, and sanitary housing in the private market at a subsidized rate.
In the private rental market, renters are required to provide at least two months rent as a security deposit. With Housing Choice Voucher residents having low-to-moderate incomes, many of these residents need assistance in fulfilling their security deposit requirement.
PhillySEEDS offers security deposit assistance at a dollar-to-dollar match of the resident’s security deposit savings, up to $2,000. PhillySEEDS recipients also receive credit and budget counseling from a housing counseling center certified by the City of Philadelphia, where they learn to budget their income and monthly bills for future affordability.