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Giving landlords & tenants peace of mind

A pilot project that aims to increase access to housing for vulnerable individuals while protecting landlords from financial risk.

Bringing Landlords
& Tenants Together

Rental markets with critically low vacancy rates and increased competition make finding stable housing incredibly challenging for tenants. This is especially true for individuals facing barriers such as a lack of references, credit and rental experience. Youth leaving government care are also at a disadvantage as they often do not have the support network that their peers do.

Landlords can see this group of tenants as a financial risk, and are discouraged by concerns about potential property damage and non-payment of rent. This creates barriers to housing for individuals in an already competitive market. 

Be part of the RS Guarantee Fund initiative.

Get your name on the list to be notified of the project launch and receive on-going updates about the guarantee fund.

Based on our research, risk mitigation funds or landlord guarantee funds are a useful tool in addressing the concerns of private market landlords by providing financial coverage. The fund will increase access to housing by allowing participants to become established tenants while protecting landlords from perceived financial risk.

The RentSmart Guarantee Fund (RGF) is a third party guarantee that covers up to $5,000 in damages and arrears after the security deposit is used. Program participants will all have been trained with a RentSmart tenant certificate.

The RGF is a pilot collaboration project between Ready to Rent, Aunt Leah’s Place, Y Young Moms, Y Pandora Youth Apartments, and Pacifica Housing. We are piloting this initiative in the BC Lower Mainland and Capital Regional District (CRD), two of Canada’s most challenging rental markets.

If you are a landlord, how can the RSGF help you?

rentsmart education

The RentSmart Guarantee Fund (RSGF) aims to increase access to housing for vulnerable individuals all the while protecting landlords from financial risk. With the help of our partners, we offer $5,000 of coverage for eligible tenants for damages or rental arrears in conjunction with thorough rental education.

financial guarantee

The RGF is a pilot collaboration project between Ready to Rent, Aunt Leah’s Place, Y Young Moms, Y Pandora Youth Apartments, and Pacifica Housing. We are piloting this initiative in the BC Lower Mainland and Capital Regional District (CRD), two of Canada’s most challenging rental markets.

The highlights of what this includes:

We provide educational training for tenants

We screen tenants for you

We understand the Landlord's perspective

Up to $5000, 18-month coverage

Our objective

The RentSmart Guarantee Fund (RSGF) aims to increase access to housing for vulnerable individuals all the while protecting landlords from financial risk. With the help of our partners, we offer $5,000 of coverage for eligible tenants for damages or rental arrears in conjunction with thorough rental education.

Community

The RGF is a pilot collaboration project between Ready to Rent, Aunt Leah’s Place, Y Young Moms, Y Pandora Youth Apartments, and Pacifica Housing. We are piloting this initiative in the BC Lower Mainland and Capital Regional District (CRD), two of Canada’s most challenging rental markets.

This initiative is made possible through generous contributions from these partnerships

in partnership with

with support from

I am more confident and knowledgeable and more of a proud renter. The course helped me understand things from the landlords perspective and in turn I became a better tenant. Thank you so much, this course taught me a lot and definitely changed my life. – RentSmart Participant

solutions for a stronger community

The RentSmart Guarantee Fund (RSGF) aims to increase access to housing for vulnerable individuals

… all the while protecting landlords from financial risk. With the help of our partners, we offer $5,000 of coverage for eligible tenants for damages or rental arrears in conjunction with thorough rental education.

Get in touch – Ask us a question.

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Office Location

211-611 Discovery Street,
Victoria, BC  V8T 5G4

Phone

(250) 388-7171

Email

info@rentsmartguarantee.org

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