FACT SHEET: President Biden Announces Major New Actions to …
WEBJul 16, 2024 · President Biden is calling on Congress to pass legislation presenting corporate landlords with a basic choice: either cap rent increases on existing units to no more than 5% or lose...
Biden unveils plan to cap rent hikes | CNN Business
WEBJul 16, 2024 · The plan, which is subject to congressional approval, calls for withdrawing tax credits from landlords who raise rent by more than 5% per year, beginning this year and for the next two years.
Biden administration says it wants to cap rent increases at 5% a …
WEBJul 16, 2024 · The Biden administration is proposing a new way to keep rents around the U.S. from soaring: limit corporate landlords to annual rent increases of no more than 5%, or else they would lose a...
Biden announces plan to cap rent increases at 5% for half of …
WEBJul 16, 2024 · Joe Biden announced a proposal to cap annual rent increases at 5% for the next two years. The plan targets corporate landlords with more than 50 units, which make up nearly half of...
FACT SHEET: Biden-Harris Administration Announces New Actions …
WEBJan 25, 2023 · Harris Administration Announces New Actions to Protect Renters and Promote Rental Affordability. Administration also launches Resident-Centered Housing Challenge, a call-to-action to improve...
Biden to call for 5% cap on annual rent increases, as he tries to …
WEBJul 15, 2024 · President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords as he tries to show he's doing something about the high cost of housing, according...
Biden to call for 5% cap on annual rent increases, a critical
WEBJul 16, 2024 · President Joe Biden will announce a new 5% cap on rental increases nationwide, a proposal aimed at stemming inflation-driven housing costs that have not dipped since the pandemic.
Here’s what tenants need to know about Biden’s plan to cap rent …
WEBApr 3, 2024 · Here’s what tenants need to know about Biden’s plan to cap rent hikes for some affordable housing units. The Biden administration moved this week to limit how much rent can rise in...
Housing: Biden to announce rent cap plan amid housing inflation …
WEBJul 15, 2024 · Biden’s plan — which would need to be approved by Congress — calls for stripping a tax benefit from landlords who increase their tenants’ rent more than 5 percent per year, the people said.
Biden calls on Congress to crack down on large rent hikes by …
WEBJul 16, 2024 · President Joe Biden on Tuesday called on Congress to pass legislation that would compel corporate owners of rental housing units to cap annual rent increases at 5% or lose some tax...