Sec. 4. Study on alternatives to security deposits
122 words·~1 min read·
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The Secretary of Housing and Urban Development shall conduct a study to identify and analyze— alternatives to rental housing security deposits, including products that require a tenant of a dwelling unit to pay a monthly insurance premium to cover costs of repairing damage to the dwelling unit; and the impact that the alternatives described in paragraph
(1)have on the rental housing market and tenants, including how the alternatives affect tenants based on tenant race, income, age, sex, disability, and other demographic characteristics. Not later than 180 days after the date of enactment of this Act, the Secretary of Housing and Urban Development shall submit to Congress a report setting forth the findings and conclusions of the study conducted under subsection (a).