Put rent control limit change on November 2022 ballot

Rent Board & TenantsHousing

In Plain English

Richmond currently allows landlords to raise rent by the full inflation rate, which jumped to 5.2% in 2022 from 1.6% in 2021. The proposed ballot measure would cap rent increases at 60% of inflation or 3%, whichever is lower. If approved by voters, your rent increases would be smaller during high-inflation years like 2022.

Auto-generated summary. Source: official agenda documents.

Votes

To direct staff to prepare said resolution

Moved by: Councilmember McLaughlinSeconded by: Councilmember Willis
Passed

4 to 2

Thomas K. ButtNay
Nathaniel BatesNay
Claudia JimenezAye
Gayle McLaughlinAye
Melvin WillisAye
Eduardo MartinezAye
Demnlus Johnson IIIAbstain