We are honored to be featured by Multifamily Impact Council in their latest edition of the Affordable Housing Handbook, Using AI to Say Goodbye to Security Deposits.

The article presents a clear conclusion. Security deposits no longer function as an effective risk management tool in today’s rental housing market. Instead, they often create financial instability for renters and introduce performance challenges for properties.

By requiring large upfront payments at move-in, security deposits reduce renter liquidity at the very moment stability matters most. For many households, this means fewer financial resources available to absorb everyday disruptions such as medical expenses, transportation issues, or temporary income changes. That reduced flexibility can quickly impact rent consistency, turnover, and operating outcomes.

The Council highlights how deposit replacement has emerged as a more modern approach. Rather than relying on immobilized renter cash, this model aligns protection to property-level performance while allowing renters to retain savings. The result is stronger household financial resilience and more consistent asset performance.

In doing so, deposit replacement bridges the gap between social impact and the bottom line. Improving renter financial stability is not separate from improving property performance. The two outcomes are directly connected.

As noted in the article, LeaseLock plays a leading role in this shift. Through technology-enabled deposit replacement, properties are able to modernize how risk is managed at move-in while improving housing accessibility for renters.

This alignment reinforces a simple principle that continues to hold true across rental housing.

Financially stable renters create financially stable assets. Impact-driven outcomes and investor returns do not have to be mutually exclusive. When renter stability improves, operating performance becomes more predictable, supporting long-term value creation across rental housing portfolios.

By replacing outdated deposit structures with solutions designed for today’s housing environment, deposit replacement supports stronger leasing outcomes, steadier operations, and more predictable performance for owners and investors.

We appreciate the Multifamily Impact Council for advancing this discussion and for highlighting how modern approaches to deposit risk can strengthen both renter stability and asset-level results.