South Carolina lawmaker calls for ârenter stimulusâ plan
VIDEO: South Carolina lawmaker calls for ârenter stimulusâ plan By Paola Tristan Arruda | December 22, 2020 at 8:34 PM EST - Updated December 24 at 11:11 AM
CHARLESTON, S.C. (WCSC) - A South Carolina lawmaker is joining a national bipartisan group of elected officials to create a $45 billion renter stimulus plan.
Rep. Marvin Pendarvis says there are billions of dollars locked up in security deposits around the country. The goal with this plan would be to create ordinances on a local level that would put that money back into the pockets of renters.
Renters who decide to claim the stimulus would be required to replace the cash deposit they would usually give to landlords with an alternative like a low-cost deposit insurance.
South Carolina lawmaker calls for ârenter stimulusâ plan
VIDEO: South Carolina lawmaker calls for ârenter stimulusâ plan By Paola Tristan Arruda | December 22, 2020 at 8:34 PM EST - Updated December 24 at 11:11 AM
CHARLESTON, S.C. (WCSC) - A South Carolina lawmaker is joining a national bipartisan group of elected officials to create a $45 billion renter stimulus plan.
Rep. Marvin Pendarvis says there are billions of dollars locked up in security deposits around the country. The goal with this plan would be to create ordinances on a local level that would put that money back into the pockets of renters.
Renters who decide to claim the stimulus would be required to replace the cash deposit they would usually give to landlords with an alternative like a low-cost deposit insurance.