Virginia Regulatory Town Hall View Comments

Department of Professional and Occupational Regulation

Real Estate Board

Guidance Document Change: This guidance provides technical assistance regarding what actions, behaviors, policies, and procedures likely do and do not violate the Virginia Fair Housing Law’s prohibition on discrimination on the basis of one’s lawful source of funds.

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3/15/21 11:46 am

Commenter: Anonymous

Change to guidance creates risk for low income renters

This change in guidance would be a huge financial risk for many low income renters.

The financial cushion that renters have at most apartment complexes today is equal to 2x their rent.

With this change, the cushion would dwindle to maybe 0.5x their rent.

CommentID: 97307