Sources Rent Bank
Our Services
The Sources Rent Bank may issue low or moderate income individuals and families a one-time crisis loan for residents of Surrey, White Rock, Langley and North Delta. It is a program with the aim of providing families with loans to prevent homelessness due to a one-time unexpected circumstance. We may provide a loan for up to $1,400 for a single person or up to $1,800 for a family.
Our loans can be used for rental arrears or utility arrears. We may also provide a damage deposit and first month’s rent in special circumstances.
Furthermore, the applicant must show that they have the means to repay the loan, meet the eligibility criteria, and provide the following documents (but is not limited to); three months of bank statements, picture ID, proof of debt and a tenancy agreement.
PLEASE NOTE:
- Completion of form does not guarantee a loan.
- The process may roughly take 1-3 weeks from when you first make an inquiry to when you receive funds.
SOURCES Rent Bank is generously funded by BC Rent Bank (a project of Vancity Community Foundation) with funding from the Government of BC and by donations through SOURCES.
- Are you eligible?
Eligibility:
Adults (age 19+) with low to moderate incomes who currently rent in Surrey, Langley, North Delta, or White Rock and can provide:
· Proof of household income and expenses, with three months of bank statements
· Proof of the rent or utilities owed (such as an eviction notice, disconnection notice, etc.)
· A tenancy agreement
· Picture ID
· You must not have any undischarged bankruptcies
- How to Apply
You can apply for the Sources Rent Bank loan program by:
Complete the Rent Bank Application Form:
Click to download the form or pick one up at Sources Newton Resource Centre (address below).
Submit the completed application form and 3 months of bank statements:
In person: Newton Resource Centre (102-13771 72A Avenue, Surrey)
Email: SRB@SourcesBC.ca
By phone: (778) 731-9195
Online:
By applying using the online form, you will be redirected to the BC Rent Bank website. BC Rent Bank and SOURCES collect, use and disclose your personal information for assessment and administration purposes in accordance with the BC Rent Bank Privacy Statement, BC Rent Bank Terms of Use, and Sources Privacy Policy.
Contact Information
Surrey
BC V3W 9C6
Hours of Operation
| Day | Time |
|---|---|
| Monday – Friday | 8:30 am – 4:30 pm |