Denver Program Helps Renters Pay Pet Deposit Fees – Will It Spread?

A program in Denver is one that may indeed be picked up by communities across Colorado and the nation, helping renters with their pet deposit fees. Fees of which, can keep people from moving to improve their situations, or from getting a place they really need.

Many Coloradans Have Pets That Add to Money Needed to Become a Tenant

According to statistics, about half of all Colorado households have a pet of some kind; not every pet would involve needing a pet deposit to rent an apartment or home (goldfish, gerbil, etc,) but dogs and cats can require several hundreds of extra dollars to become a tenant. What if there was a fund that could eliminate that hurdle?

The Cost of Keeping Pets Can Breakup a Family Situation

For some, coming up with what could be an additional $1,000 (depending on how many pets) to get into a place is not that big of deal; for others, an extra $300, can be the difference in getting a place you really need or getting rid of what many consider "family members." People love their pet(s,) but a lot of times, the heartbreak reality of the situation has them turning over those pets.

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Where Does the Money for This Pet Deposit Assistance Come From?

A member of Denver's City Council has put together a rare program that uses funds from his city's Emergency Rental Assistance Program. While only the first 100 people to apply for the $300 to help with pet deposits will receive the money, it's a program that could definitely see expansion in coming years. According to ColoradoPolitics.com, 84% of rental properties in Colorado do allow pets, so that's good.