St. Paul City Council approves changes to rent stabilization policy

  

The 3% annual cap passed by voters last year, considered one of the strongest rent control measures in the country, will have new regulations and limits.




SAINT PAUL, Minn. - The St. Paul City Council approved a package of amendments on Wednesday to the rent stabilization measure that voters approved last November, carving out exceptions for new construction and giving more leeway to landlords when their tenants change, among other significant moves. 




The council's 5-2 vote doesn't change the annual 3% cap that 53% of voters favored in the 2021 municipal election, considered one of the strongest rent control measures in the United States.... Read more


via: https://kmojfm.com/wp/2022/09/st-paul-city-council-approves-changes-to-rent-stabilization-policy/


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