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Providence committee advances rent stabilization ordinance after PolicyLink briefing
Summary
A Providence City Council special committee on March 26 voted 4–0 (one absent) to send the Providence Rent Stabilization Act, as amended, to the full council after a PolicyLink presentation on evidence from roughly 200 U.S. jurisdictions and extended council questions about local impacts and appeals processes.
The Providence City Council’s Special Committee on Health Opportunity, Prosperity, and Education on March 26 voted to advance the Providence Rent Stabilization Act as amended to the full council, following a presentation from PolicyLink and a lengthy question‑and‑answer session.
Tran Hoang, senior associate at PolicyLink, told the committee she has tracked about 200 U.S. jurisdictions that implement some form of rent stabilization and summarized peer‑reviewed and longitudinal research showing that rent stabilization improves housing affordability and reduces displacement. "If Providence renters were not cost burdened in 2022, they would have gained over $358,000,000 in disposable income," Hoang said, citing analysis from the National Equity Atlas shared in her slides.
Hoang told committee members that long‑term studies—from New Jersey cities to examples in Berkeley and Santa Monica—do not show a sustained reduction in property…
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