Cincinnati passes landmark 'renter's choice' bill
By Marty Johnson - 01/15/20 05:56 PM EST The Cincinnati City Council passed a law Wednesday that gives renters a choice on how to pay their security deposit and includes an innovative option to pay security deposit insurance.
The new city law, approved in a 6-1 vote, is seen as possible model legislation by advocates calling for reforms to make housing more affordable.
It would make it easier for people to rent affordable housing by lowering the cost of putting together a security deposit, which can be the sum of two months rent.
Such a large security deposit, on top of paying for a month's rent, can put housing out of reach for people who otherwise might be able to pay their first month's rent.
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https://thehill.com/homenews/state-watch/478479-cincinnatis-passes-landmark-renters-choice-bill-that-could-solve
