The Kirkland Rental Risk Assistance Fund (Program) allocates funding to assist households and individuals seeking new residential leases in the City of Kirkland.
Donor Name: City of Kirkland
State: Washington
City: Kirkland
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: up to $1,200
Details:
The program is intended to help those facing barriers to obtain stable housing.
- The program is open to applications by landlords with eligible tenants.
- Grant payments are made to the landlord to offset the risk of tenant default.
- Applications will be accepted starting on February 15, 2023.
- The City of Kirkland has partnered with the administrator FORWARD to administer the program.
- The Program will operate as long as funds remain available, or until the City announces an end date.
- The City of Kirkland reserves the right to alter the eligibility, criteria and details of the Program at the City’s sole discretion.
Funding Information
Grants of up to $1,200 will be distributed to landlords with qualifying tenants to mitigate risk to landlords of tenant default. Landlords are eligible to receive up to 6 grants per property for the duration of the program.
Eligibility Criteria
Landlord Eligibility
A landlord may be eligible to receive a grant from the program if they meet the following requirements:
- Landlord has a valid Kirkland business license
- Landlord can provide required documentation of tenant eligibility
Tenant Eligibility
A tenant may be eligible for the program if they meet ONE of the following criteria:
- Tenant credit score of 650 or below
- Tenant bankruptcy filing (Ch. 7, 11, 13 or other to be reviewed case by case)
- Tenant previous eviction within the past 7 years
- Tenant prior criminal conviction
Additionally, the Tenant must meet ALL of the following criteria:
- Seeking a new residential lease in Kirkland starting on or after February 15, 2023.
- Residential lease sought is at least 6 months in duration
- Tenant has an annual household income at/below 120% of the Area Median Income (AMI)
- Tenant agrees to release documentation of eligibility to Program administrators
For more information, visit City of Kirkland.
