Helping Veterans, Virtually
SFHF provides an important service to the city’s most vulnerable veterans through its virtual security deposit initiative. These veterans may have received funding for their rents through the federal Veterans Affairs Supportive Housing program, yet they cannot afford the deposit many units require and remain in shelters or on the streets.
After hearing about a need from a veteran support program, or sometimes directly from the veterans themselves, SFHF steps in and guarantees the deposit through the use of a “virtual security deposit.” This simple step allows those who gave so much for our country to get into safe and permanent housing. Plus, the deposit is rarely utilized because it is needed once the tenant vacates and then only when there is damage to the unit.