It is my understanding that the landlord can increase your security deposit under certain restrictions. I base this on the following:
"Limit on amount of deposit
The most a landlord can collect as a security deposit is one and one-half times the monthly rent. Cite: N.J.S.A. 46:8-21.2. There are no exceptions to this limit. Sometimes a landlord will try to collect more security money from a tenant at the time the landlord raises the tenantâ€™s rent, in order to have the security keep pace with the rent increase. The law now says that the most additional security money that a landlord can get in any one year is 10 percent of the current deposit. Cite: N.J.S.A. 46:8-21.2."
But your question refers to senior public housing. My suggestion we be to confer with a legal service or attorney to get a definitive answer.
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