renter's choice

There are many new approaches to the security deposit problem—some have been lauded by affordable housing advocates, and others have been met with skepticism and mistrust—often with good reason. Here’s a look at a few commercial, charitable, and legislative solutions being explored.

Baltimore’s mayor vetoed a “Renter’s Choice” law after housing advocates warned of the predatory potential of selling deposit alternatives to struggling tenants.

Dozens of cities and states are considering legislation allowing alternatives to upfront security deposits, such as “security deposit insurance.” The only problem? It’s not actually insurance.