California military renters could soon enjoy a discounted security deposit

Connecting Vets
September 20, 2019 - 10:22 am
California service members get discounted security deposit

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Active Duty renters in California could soon breathe a bit easier thanks to new legislation requiring only a minimum security deposit for service members.

Senate Bill 644, passed by the California Assembly last week, would require active-duty service members to pay a security deposit only equal to one month’s rent and no more than two months for a fully furnished unit.

Sen. Steve Glazer, D-Calif., was inspired to introduce the legislation after encountering service members who were having trouble finding affordable housing in the Northern California region. According to CNBC, the median cost of rent in The Golden State is almost twice the national average.

Although this could be a source of relief for a state that is home to the largest number of active-duty service members in the nation, not everyone believes this is financially advantageous.

Carlos Guerra, a member of a landlord organization in the state told the California Globe, “One months’ deposit many times doesn’t cover all the damages that were done, and chasing after these guys for repair after they move out can be a giant headache. Servicemen in particular, because then the Army or Navy or whoever gets involved.”

California also houses more than 30 military installations and the highest number of Reserve and National Guard troops.

The bill now awaits Gov. Gavin Newsom’s signature.

Benefits in my Backyard: California

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