City would provide grants of $ 2,000 to tenants for security deposit



A new bill is being introduced to Baltimore city council that would offer up to $ 2,000 in emergency grants to cover the cost of security deposits for potential tenants. In a letter to the mayor on Friday, City Council Chairman Nick Mosby said funding for the program could come from the US bailout or “through savings the administration is taking from the police budget.” The new proposal comes after Mayor Brandon Scott vetoed a bill last month that would have required potential tenants to be offered alternatives to paying security deposits. Critics feared the bill would lead to predatory practices. The mayor said he supported the idea of ​​an alternative but not the way the bill worked on an insurance issue. Mosby criticized the mayor, comparing the veto to modern redlining, saying this is what structural racism looks like in practice. Mosby said in his letter that the new legislation will help residents stay in homes of their choice by providing alternatives to security deposits that include posting a traditional bond, splitting the payment into installments, or choosing security deposit insurance. . “For decades, landlords have been able to discriminate against tenants, to decide which tenants in which neighborhoods they wish to offer alternatives to traditional security deposits. That’s what redlining looks like in practice,” Mosby wrote. The new legislation will be presented at the city council meeting on Tuesday.

A new bill is being introduced to Baltimore city council that would offer up to $ 2,000 in emergency grants to cover the cost of security deposits for potential tenants.

In one letter sent to mayor City Council Chairman Nick Mosby on Friday said funding for the program could come from the US bailout or “through savings the administration is taking from the police budget.”

The new proposal comes after Mayor Brandon Scott vetoed a bill last month that would have required potential tenants to be offered alternatives to paying security deposits. Critics feared the bill would lead to predatory practices.

The mayor said he supported the idea of ​​an alternative but not the way the bill worked on an insurance issue. Mosby criticized the mayor, comparing the veto to modern redlining, saying this is what structural racism looks like in practice.

Mosby said in his letter that the new legislation will help residents stay in the accommodation of their choice by providing alternatives to security deposits that include paying a traditional deposit, splitting the payment into installments or selecting security deposit insurance .

“For decades, landlords have been able to discriminate against tenants, deciding which tenants in which neighborhoods they wish to offer alternatives to traditional security deposits. That’s what redlining looks like in practice,” Mosby wrote.

The new legislation will be presented at the city council meeting on Tuesday.



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