Rent stabilization ordinance

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This fall, St. Paul residents will vote on a proposed rent stabilization ordinance that would put a 3% annual cap on rent increases. Housing advocates gathered enough signatures of the city’s registered voters to get the ordinance proposal on the ballot for the November 2 election.

More than half the city’s residents live in rental housing. Tram Hoang, campaign manager for the Housing Equity Now St. Paul (HENS) coalition, which led the petition effort, said the ordinance would benefit all renters, but especially low-income residents and people of color. According to HENS research, five states and more than 182 cities have some form of rent stabilization policy in place. The group’s effort was based in part on an indepth study on rent stabilization policies, commissioned by the city of Minneapolis and completed in February by the Center for Urban and Regional Affairs (CURA). The full text of the proposed ordinance can be found here.

Learn more about HENS here:

http://thealliancetc.org/housing-equity-now-st-paul-hens/

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