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Rental Assistance for Low-Income Families: Deposits and Moving Costs

This act aims to improve housing access for low-income families. It introduces financial assistance for security deposits and moving costs. Additionally, the act mandates a study on alternatives to traditional security deposits to better understand their impact on the rental market.
Key points
Financial assistance for security deposits and moving costs for housing choice voucher holders.
HOME program funds can now be used for security deposit assistance for very low- and low-income families.
A study will be conducted on alternatives to security deposits, like monthly insurance premiums, and their impact on tenants.
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Status:
Expired
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Additional Information
DEPOSIT Act
Print number: HR 1087
Sponsor: Rep. Lee, Barbara [D-CA-12]
Process start date: 2023-02-17
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch
Summary & Status

Key Questions about Rental Assistance for Low-Income Families: Deposits and Moving Costs

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 1087.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-02-17.

What are the main provisions?

Key points include:

  • Financial assistance for security deposits and moving costs for housing choice voucher holders.
  • HOME program funds can now be used for security deposit assistance for very low- and low-income families.
  • A study will be conducted on alternatives to security deposits, like monthly insurance premiums, and their impact on tenants.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lee, Barbara [D-CA-12].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

Analysis and Potential Impact of HR 1087

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Benefits Real Estate