Wednesday, August 10, 2022


A lawsuit over the funding of Pennsylvania schools is in the hands of a judge, California launches a student loan debt challenge, and texts show former President Trump seeking donations after the FBI raid.


Republicans rally around former President Trump after the FBI searches his home for missing archive documents, President Biden formalizes U.S. support for Finland and Sweden joining NATO, and the FDA expands authorization of the monkeypox vaccine.


People in five rural Kentucky counties are fighting their way back after catastrophic flooding, efforts to preserve Oklahoma's historic buildings in small communities are running up against funding challenges, and more factory-built manufactured homes could help solve the nation's housing shortage.

Bill Aims to End ‘Cash Crunch’ of VA Rental Security Deposits


Friday, January 24, 2020   

RICHMOND, Va. - With the skyrocketing cost of housing, a Virginia lawmaker has proposed an alternative to the traditional apartment security deposit.

House Bill 1333 aims to let landlords accept security deposit insurance instead of what can amount to thousands of dollars for first and last month's rent. Del. Mark Keam - D-Fairfax, who introduced the bill last week, says his plan solves two problems: providing landlords with security for damages, and giving renters a much less expensive way to move in.

"The most important problem that we're facing is the lack of affordable housing," says Keam. "And the cash crunch of coming up with two months' worth of security deposit is a barrier to many people who would like to move out on their own."

He notes that insurance premiums would most likely be less than $13 a month on a $2000/month apartment. Landlords in New York have welcomed damage insurance provided by start-up firm Rhino, and other companies offer similar products.

Keam's proposal is based on a cutting-edge ordinance passed in Cincinnati this month. It's the first in the nation to give renters the option of paying security deposits in six monthly installments, or getting damage insurance.

Keam says more than $45 billion is tied up in security deposits in the U.S., money that could be in renters' savings accounts. As rents rise across the country, he predicts these alternatives to big security deposits will gain wider attention.

"If we can pass this bill, it's another way of showing that policymakers in Virginia, and the businesses and government, both want to work together to help consumers in an innovative way," says Keam.

A report last summer found the number of Virginians who spend more than 30% of their income on housing is growing, and median rent in the Commonwealth has risen three times as fast as household incomes from 2014 to 2018.

get more stories like this via email

Solar panels on parking-lot shade structures are part of the Climate Change and Sustainability Plan at Pima Community College in Tucson, Ariz. (Media Dept./PCC)


As Congress debates a bill to fund climate-change solutions, Pima Community College is doing its own work to reduce its greenhouse gas emissions and …

Social Issues

Last year, Americans reported losing a record-breaking $5.8 billion to scams, and now, the State of California and AARP are teaming up to try to …

Social Issues

The state has just launched the California Student Loan Debt Challenge, to let public service employees - like teachers, law enforcement, nurses…

In South Dakota, supporters of Medicaid expansion say rural hospitals and first responders are going above and beyond to keep their doors open as communities struggle to recruit and retain health-care providers. (Adobe Stock)

Social Issues

More officials from South Dakota's health care community are speaking out in support of Medicaid expansion. Voters will decide this fall whether to …

Social Issues

CORRECTION: The $3.7 billion figure represents an increase in education investments during the eight-year Wolf Administration, not the Pennsylvania …

The Nevada nonprofit "Unshakeable" links women in recovery to housing, employment and more. (Unshakeable)

Social Issues

A Las Vegas nonprofit helping women recover from substance addiction, domestic violence, human trafficking and homelessness has received AARP's …

Social Issues

The U.S. Senate has passed a bill which could dramatically reduce prescription drug prices for older Americans. The Inflation Reduction Act includes …

Social Issues

Restaurant workers have been fleeing the industry throughout the Great Resignation. To reverse the trend, advocates in Minnesota and elsewhere argued …


Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021