3.0.0 1814 2025-05-27T14:16:45Z 2025-05-27T14:16:45Z Senate S S 2023-06-06 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-06-06T19:56:46Z 118 1087 HR 2023-02-17 Referred to the House Committee on Financial Services. Related bill CRS 2023-06-06 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-06-06 Introduced in Senate IntroReferral 10000 9 Library of Congress H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. N L000570 Sen. Lujan, Ben Ray [D-NM] Ben Lujan D NM R. 2023-06-06 True W000800 Sen. Welch, Peter [D-VT] Peter Welch D VT 2023-06-06 True P000145 Sen. Padilla, Alex [D-CA] Alex Padilla D CA 2023-06-06 True Housing and Community Development Housing and Community Development 2025-01-14T15:29:55Z

00 2023-06-06 Introduced in Senate 2023-10-19T13:45:17Z <p><b>Delivering Essential Protection, Opportunity, and Security for Tenants Act or DEPOSIT Act</b></p> <p>This bill provides access to rental security deposit and moving cost assistance for participants in certain low-income housing programs.</p> <p>Specifically, the Department of Housing and Urban Development (HUD) must provide public housing agencies (PHAs) funding for rental security deposit assistance for families in Section 8 tenant-based rental assistance (TBRA) programs (i.e., the Housing Choice Voucher Program). Upon tenancy termination, any unused security deposit amounts must be returned to a PHA to remain available for use as security deposits. HUD may also provide funding to PHAs to provide assistance with reasonable moving costs for families moving into an assisted dwelling unit.</p> <p>Under current law, security deposit assistance (i.e., loans or grants) is available in the HOME Investment Partnerships Program for families participating in a TBRA program. This bill expands access to security deposit assistance by allowing participating jurisdictions to provide these loans or grants to very low- and low-income families regardless of participation in a TBRA program.</p> <p>In addition, HUD must study and report on (1) alternatives to rental housing security deposits, including requiring a tenant to pay a monthly insurance premium; and (2) the impact that such alternatives have on the rental housing market and tenants, including how such alternatives affect tenants based on tenant demographics (e.g., race, age, sex, and disability).</p>

Display Title 45 2024-07-24T15:21:48Z Short Title(s) as Introduced 101 2024-05-24T13:39:11Z Introduced in Senate IS Short Title(s) as Introduced 101 2024-05-24T13:39:11Z Introduced in Senate IS Official Title as Introduced 6 2023-06-27T14:35:53Z Introduced in Senate IS Introduced in Senate 2023-06-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1814is/xml/BILLS-118s1814is.xml 2023-06-06 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.