City of West Hollywood to Review How Security Deposit Interest Rates Are Calculated

Residents Can Share Feedback at the Aug. 14 Rent Stabilization Commission Meeting

WeHo residents will have an opportunity next week to weigh in on how West Hollywood calculates interest on security deposits for tenants in rent-stabilized units.

The topic is on the agenda for the city’s Rent Stabilization Commission meeting on Aug. 14 at 7 p.m. in the Council Chambers/Public Meeting Room, 625 N. San Vicente Blvd. Public comment will be accepted in person, via Zoom, or in writing until noon the same day at RSDPublicComment@weho.org .

Under city law, tenants in rent-stabilized apartments are entitled to annual interest on security deposits, including last month’s rent, key deposits, cleaning deposits, or any other funds held by a landlord, regardless of the label used. Landlords must p