Earlier this week, the House Committee on Housing advanced a bill that would allow units of local government to implement measures regarding rent control, including imposing caps on rent prices. If passed, HB 0116 would repeal the Rent Control Preemption Act, which currently prohibits every municipality from regulating or controlling the amount of rent charged for leasing private residential or commercial properties. Please stay tuned for more updates about this bill.

Post Authored by Eugene Bolotnikov, Ancel Glink