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Passaic council sets reduced rent-cap ordinance for second reading after large public hearing
Summary
After more than two hours of public testimony from tenants, organizers and landlords, the Passaic City Council voted Aug. 5 to set an ordinance to lower the city's annual rent increase cap from 6% to 3% for second and final reading on Sept. 2. Supporters said the change would protect working families; some landlords urged carve-outs for small owners.
Passaic City Council voted Aug. 5 to set for second and final reading a proposed amendment to Chapter 2-31 that would reduce the city's allowable annual rent increase from 6% to 3% and address vacancy decontrol, after an extended public hearing that drew dozens of speakers.
The measure, listed as item 44 on the agenda, was put on the Sept. 2 meeting calendar by unanimous roll call after council members said the city and organizers had reached an understanding about details to finalize in the coming days. "What you're going to hear is going to be to set the ordinance down for second and final reading at our meeting of September 2," Council President Schaer said before the roll call.
Tenant advocates, community groups and individual residents told the council that the proposed 3% cap would limit rapid, compounding rent increases that they say are displacing families. "A 3%…
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