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New Multifamily Update

As noted in our prior alert, two different rent control bills are pending in Montgomery County, MD. The HOME Act (16-23) would limit rent increases to the lesser of 3% or the Voluntary Rent Guidelines published annually by...more

Multifamily Updates – Rent Control, Tax Increases, Condominium Warranties, FHFA Tenant Protections RFI

As a follow-up to our prior alert, we wanted to provide an update to legislative activities in the region: New Prince George’s County Updated Rent Control FAQs. We continue to receive many questions regarding the...more

Prince George's County - Rent Control Update

As a follow-up to our recent alerts, the Prince George’s County Council in Maryland held a public hearing Tuesday, April 25, and approved CB-51-2023, An Emergency Act Concerning Landlord Retaliation for Rent Stabilization...more

Prince George’s County Enacts Rent Stabilization Act, Montgomery County Introduces Two Rent Control Bills

Summary - The Rent Stabilization Act signed into law by Prince George’s County Executive Angela Alsobrooks restricts County landlords from increasing tenants’ rent above 3 percent over a 12-month period. Separately,...more

Montgomery County, Md., Proposes Tax Incentives for Affordable Housing; Potential Impact on ROFRs?

Summary - New legislation would greatly expand the Montgomery County’s “payment in lieu of taxes” (PILOT) program....more

Howard County, MD, Expands ROFR Requirements for Multifamily Sales

The Howard County, Maryland, Council passed Bill 13-2020—the Affordable Housing Retention Act—last week. This legislation provides the County and the Howard County Housing Commission with the right to purchase rental housing...more

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