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Committee hearing draws widespread opposition to bill authorizing municipal rent control
Summary
The House Committee on Municipal Government and Housing on April 2 took testimony on House Bill 5954, a measure authorizing the City of Providence to enact local rent regulation or stabilization.
Lede: The House Committee on Municipal Government and Housing on April 2 took testimony on House Bill 5954, a measure authorizing the City of Providence to enact local rent regulation or stabilization. Testimony was heavily weighted against the proposal.
Nut graf: Witnesses including local landlords, the Rhode Island Coalition of Housing Providers, the Rhode Island Builders Association, property managers and municipal officials warned that rent control would reduce investment, shrink available rental stock and push owners to sell buildings rather than continue to supply multi-family housing. Opponents urged alternatives to protect tenants—targeted rental assistance, production of new units, and stronger tenant protections enforced via existing statutes—rather than…
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