Per Montgomery County: The Montgomery County Council voted (7-4) today to enact Bill 15-23, Rent Stabilization, which establishes maximum allowable rent increases to the lesser of the local annual Consumer Price Index for All Urban Consumers (CPI-U) plus three percent or six percent of the base rent.
“Rent stabilization is a complex and emotionally charged issue, balancing the needs of our tenants in providing stable housing protection while allowing landlords the flexibility to invest and enhance in their properties within the County,” said Councilmember Katz. “I am pleased the Council found the right compromise and path forward to enact this bill.”