News & Analysis as of

Affordable Housing Rent Control Rental Property

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

Lerch, Early & Brewer on

The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more

Adler Pollock & Sheehan P.C.

The Potential of Rent Control in Rhode Island

In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

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The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Ballard Spahr LLP

New Multifamily Update

Ballard Spahr LLP on

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

Ballard Spahr LLP

Prince George's County - Rent Control Update

Ballard Spahr LLP on

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

Lowndes

Live Local Act Provides Affordable Housing Incentives, Bans Rent Control

Lowndes on

On March 29, 2023, Governor Ron DeSantis signed into law Senate Bill 102 (Live Local Act) that becomes effective July 1, 2023. The Live Local Act, among other things, seeks to provide available and affordable housing to the...more

Ballard Spahr LLP

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

Ballard Spahr LLP on

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

Lowndes

Appeals Court Rules Against Orange County’s Proposed Rent Control Ordinance

Lowndes on

On October 27, 2022, the Fifth District Court of Appeals decided 2-1 that the proposed rent control ordinance should be enjoined from placement on the November ballot. The effect of the opinion is that as of yesterday,...more

Lowndes

Orange County’s "Rent Stabilization" Measure - October Update

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Orange County’s "rent stabilization" measure is now officially on the November ballot. The exact language on which Orange County voters will vote (and are in fact already voting if they opted to get a vote-by-mail ballot)...more

Holland & Knight LLP

D.C. Council to Address Rent Stabilization Program Reform and Expansion Amendment

Holland & Knight LLP on

Expanding and preserving affordable housing continues to be a top priority for the District of Columbia Council (D.C. Council) at the beginning of the new year. The impacts of COVID-19, particularly the associated job losses...more

Jones Day

Mapping Out Rental Controls Across Europe

Jones Day on

The term "Rent Controls" refers to measures designed to restrict the amount of rent that a landlord can charge a tenant for residential premises. Rent control measures appear in various forms across Europe, ranging from...more

Coblentz Patch Duffy & Bass

California State Ballot Includes Major Property Tax, Rent Control Measures

While the focus in November is on the top of the ticket, Californians also face a long list of ballot measures. Here we focus on three major measures that impact California real estate: Propositions 15, 19 and 21....more

Best Best & Krieger LLP

Cities Have Broad Discretion to Determine Their Rent Control Programs

Court of Appeal Holds Cities May Enact Various Forms of Residential Rent Control Measures - Cities can decide what rent control scheme to adopt and what base year to use for rent setting in drafting local rent control...more

Spilman Thomas & Battle, PLLC

Watch List - Proposed Rent and Mortgage Cancellation Act of 2020 Suspends Payments During Pandemic but Requires Landlords and...

On April 17, a bill was introduced in the United States House of Representatives seeking to create the Rent and Mortgage Cancellation Act of 2020. The primary feature of the bill is it would suspend all rent and mortgage...more

Cozen O'Connor

Rent Control National Momentum

Cozen O'Connor on

In response to multiple news and industry reports that many urban areas in the United States are suffering a crisis in affordable housing, many states and cities are actively considering rent control as an ameliorative...more

Miller Starr Regalia

California’s New Statewide “Just Cause Eviction” And “Anti-Rent Gouging” Law

Miller Starr Regalia on

With the enactment of Assembly Bill 1482, signed by Governor Newsom in October 2019, the California legislature imposed a “just cause” limitation on lease terminations, non-renewals, or evictions for most California...more

Coblentz Patch Duffy & Bass

California Passes Rent Cap and Eviction Protections with AB 1482

In September, the California Legislature approved AB 1482, the Tenant Protection Act of 2019. Governor Newsom signed the bill on October 8, making California the third state this year to impose statewide residential rent...more

Best Best & Krieger LLP

Tenant Protection Act Sets Statewide Rent Caps and Eviction Rules

Best Best & Krieger LLP on

Part 3: New California Housing Laws - As California cities consider local rent control measures and other mechanisms to address the impacts of escalating residential rents on local housing, the California legislature...more

Goulston & Storrs PC

Cities Tap Hot Real Estate Markets to Expand Economic Opportunity

Goulston & Storrs PC on

As the U.S. economy enters its tenth year of continuous growth, cities are responding with ways to harness development pressure for affordable housing and for job creation and training. Boston’s elected officials are...more

Holland & Knight LLP

Section 421-a and New York City's New Rent Law

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A number of questions have arisen concerning the impact of the recently adopted Housing Stability and Tenant Protection Act of 2019 (HSTPA) on the Section 421-a Tax Exemption Program. HSTPA (Chapter 36 of the Laws of 2019)...more

A&O Shearman

New York Rental Regulations: Sweeping Rental Regulation Reform Signed Into Law

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On June 14, 2019, New York State Governor Andrew Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019, introducing sweeping tenant protections. Below is a short summary of key changes in the new...more

Lewitt Hackman

California Ballot Guide 2018: Propositions 8-12

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We continue with Part Three in our series on California’s ballot propositions for 2018, providing a glimpse of the pros and cons of each measure. ...more

Coblentz Patch Duffy & Bass

Farewell to Costa-Hawkins Agreements for On-Site Affordable Rental Units in SF

San Francisco wasted no time implementing AB 1505, which authorizes localities to adopt ordinances requiring developers to provide on-site inclusionary affordable housing units in rental projects, provided that there is an...more

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