by Mathew Millen
AB 12 is simply not a solution. I know owners who allow applicants to spread their security deposits over a couple of months. There are supplemental programs to help Californians get and stay housed, like Section 8. We need similar programs to help Californians with security deposits. One potential solution may be some kind of renter security deposit loan program, because at the end of the day renters who don’t destroy property get their deposits back.
Read More: https://smdp.com/2023/06/21/rental-housing-providers-need-solutions-not-limitations-to-keep-californians-housed/