Tag: Rent Stabilization
-
Rent stabilization bill has been passed by Montgomery Council on Tuesday evening
Rent stabilization will be permanent in Montgomery County. After hours of debate, the county council enacted measures to limit rent increases 7-4 on Tuesday. Annual rent increases will be limited to 3% plus inflation, to be capped at 6%. The measure failed 7-4 with votes against it coming from council members Gabe Albornoz (D-At-large), Andrew Friedson…
-
Governor Lombardo Vetoes Rent Stabilization Bill, Casting Doubt on Housing Legislation
The veto has raised concerns about the fate of other housing-related proposals currently being considered. Governor Joe Lombardo dealt a blow to housing legislation by vetoing a bill that aimed to provide one-year rent stabilization for seniors and impose modest regulations on application fees While Lombardo has yet to take action on additional housing bills,…