Councilmember Jawando stressed the importance of advancing rent stabilization and its impact on residents, particularly the nearly 40 percent of Montgomery County residents who rent who are disproportionately people of color. “Stability and predictability are essential for our community. When families are evicted or are forced to move because the rent is unsustainable, it destabilizes our schools and uproots communities. This amended bill will protect our most vulnerable renters but it will also help all residents seeking affordable rental housing.”
The compromise bill, 15-23 Rent Stabilization, prevents rent gouging, reduces displacement and creates cost predictability for tenants and landlords by: