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Long public hearing on rent-stabilization bill exposes split between tenants, local officials and developers
Summary
Engrossed House Bill 1217 (striker) — a statewide rent and fee cap and other tenant protections — generated lengthy public testimony, with tenants and tenant groups urging adoption and developers, housing-industry groups and many landlords warning that caps would reduce housing supply and investment.
The Ways & Means Committee heard extensive public testimony on Engrossed House Bill 12 17 on April 4, a wide-ranging housing-stability proposal that would cap rent and fee increases, change notice periods, and expand enforcement options for tenants.
Under the bill, initial rent increases would be barred for the first 12 months of a tenancy for properties governed by the Residential Landlord Tenant Act (RLTA) and the Manufactured/Mobile Home Landlord Tenant Act (MHLTA), followed by caps on increases (7% annual cap for residential properties, 5% for manufactured/mobile home sites). The measure includes carve-outs and exemptions for new construction, certain affordable housing programs, and publicly owned properties. It would also expand civil remedies, allow the…
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