Affordable Rental Housing Units
The Way Home owns and manages 9 units of affordable housing in Allenstown, New Hampshire.
Housing Assistance Fund-Security Deposit Loans
Since opening our doors in 1988, our housing assistance fund has leveraged over $2 million in security deposit guarantees to help more than 4,500 households secure homes. We work in partnership with Manchester’s Community Improvement Program and the NH Bureau of Homeless and Housing Services. In addition to our loan programs, we have a fund for homeless prevention grant.
Security Deposit Guarantee: In 1993, The Way Home’s Security Deposit Guarantee became the model for State Legislation, creating the State of New Hampshire Housing Security Guarantee Program. While the landlord is guaranteed the security deposit, the tenant is helped to make budgeted monthly payments.
NH Rental Guarantee: In 2000, The Way Home piloted a program for the State to provide incentives to property owners to rent to homeless families.
Homeless Housing Revolving Access Loan Fund: In 2008, The Way Home became a local administrator for a new initiative to help homeless persons secure rental housing.