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Are there any limits on security deposit assistance? How many months’ worth of rent can be paid?

April 26, 2017deposit limits paid rent security worth

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Are there any limits on security deposit assistance? How many months’ worth of rent can be paid?

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HUD has not set a specific limit on the number of months’ worth of rent that can be paid out as a security deposit; however, it is the responsibility of the grantee or subgrantee to ensure that the amount required is fair and reasonable. The landlord or property manager s …