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Rent control increases capped at $44

07/02/2019 7:45 AM | Margaret Fulton (Administrator)

Rent increases for rent controlled units will be limited to 2% this year with a maximum monthly increase of $44.

Rent control increases are governed by formulas in the City Charter and while the Rent Control Board has no control over the percentage increase they do have a choice when setting the additional dollar cap. The board unanimously approved the increases at their June meeting and only one individual spoke about the decision.

Read More: https://www.smdp.com/rent-control-increases-capped-at-44/177006

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