Rental Assistance

Because of this program my family and I were able to get back on our feet and enjoy life again.

Petrina, HIP Client

General Rental Assistance Program

Housing Initiatives of Princeton Charitable Trust’s (HIPCT) mission includes assisting families in evading homelessness and locating permanent affordable housing.  In these efforts, we recognize that some very-low and low-income families who live from paycheck to paycheck may not have the funds required to obtain or maintain permanent housing when needed.  Following are two categories of assistance HIP may offer for qualified families.

We have currently exhausted our non CDBG Rental Assistance funds.  We are working hard to replenish these funds, please check back frequently as this notice will be updated.

For other Rental Assistance options please see the attached documents about the Mercer County ERAP and other possible available resources.

*  CDBG funds are restricted to Covid related, Princeton town occupants only

Spanish version:

Actualmente nuestros fondos para asistencia para la renta diferentes al programa CDBG están agotados.
Estamos trabajando arduamente para reponer estos fondos, por favor consulte continuamente nuestra página, ya que estaremos actualizando esta información constantemente.
Para otras opciones de asistencia  para la renta, por favor consulte los documentos adjuntos del Condado de Mercer ERAP y los otros recursos disponibles.

* Los fondos de CDBG son restringidos para casos relacionados con COVID, y personas que vivan en Princeton Town

English: https://seam.ly/U8cTQQHb

Spanish: https://seam.ly/NccsVV5M

Security Deposit Assistance

Most landlords require one and one-half or two month’s rent to be paid by tenant before moving into a permanent rental unit.  The up-front funds required can derail the family’s efforts, even if they can afford to pay the monthly rent.

HIPCT will consider paying the security deposit for families who reside in the Princeton area and who meet the following criteria:

  • Pre-screened by landlord including demonstrated ability to make ongoing rent payments (those who do not have adequate income in comparison to their expenses, and/or would need on-going assistance would not be eligible)
  • Must provide HIPCT documentation of income and current expenses
    • Employer payment stub
    • Applicant’s self-declared expenses (e.g. utilities, loans, auto, daycare, etc.)
  • Must provide a copy of lease to HIPCT
  • Maximum available $1,500
  • Payment made payable to Landlord
  • Eligible for this service once in two-years

Eviction Prevention or Emergency Rent Payment

A very-low or low-income family in the Princeton area who is experiencing a financial crisis and at risk of becoming homelessness may be considered for one-time assistance.  Eligibility requirements are:

  • Resides in the Princeton area
  • Has received eviction notice or has been notified it is imminent
  • Proof of financial hardship (e.g. terminated employment, medical emergency, automobile repairs for work/school, etc)
  • No more than two month delinquent
  • Payment is made to landlord
  • Demonstrates ability to pay monthly rent in the future
  • Maximum per family $1,000

If you have questions about rental assistance please call 609-921-2328.

Si usted tiene preguntas acerca de la asistencia para el pago de la renta, por favor llame al número 609-921- 2328.

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