Help AOBA Stop Prince George’s Rent Control Bill
Recently introduced Prince George’s County Council legislation would impose rent control for certain senior tenants. CB-59-2015, introduced by Councilmembers Taveras and Turner, would require that two-year leases be offered to senior tenants aged 62 and over living in market-rate, exclusively senior rental housing properties, and prescribes caps on future rent increases for them.
Initial or renewal leases offered on or after June 1, 2016 to such persons would be for a term of at least 24 months, unless the tenant agreed otherwise. The rent amount could not be altered during the term of the lease, and subsequent rent increases would be limited to the Baltimore-Washington area CPI.
Rental housing providers would be required to provide written notice to all tenants regarding the 24-month lease option and to keep a record of seniors who utilize it. The County’s Department of Permitting, Inspections and Enforcement (DPIE) would be required to monitor compliance and to deny renewal of a rental housing license if the 24-month lease option is not offered.
The bill has been assigned to the Committee on Transportation, Housing and Environment, and will likely be considered in early September. We urge AOBA members with multifamily property in Prince George’s County to state their opposition to this bill to Councilmembers. Rent control would devalue rental properties, and passage of this bill would, ultimately, increase future efforts to extend it to other types of tenants in the County.