Set 2025 rent increase limit at 1.62% for existing tenants
In Plain English
The city caps how much landlords can raise rent each year for tenants who moved in before September 1, 2024. This year's limit would be 1.62%, meaning a $2,000 monthly rent could increase by up to $32. Newer tenancies are not covered by this rent control.
Auto-generated summary. Source: official agenda documents.
Community Discussion
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The Story So Far
10 prior discussions on this topic
Receive presentation on research for new real estate disclosure requirements
Receive letters from residents about rent control and eviction laws
Review landlord's appeal of $5,054 penalty for habitability violations
Establish regulations requiring disclosure and oversight of landlord-tenant buyout agreements
Receive community letters about rent control and eviction protection law
Honor Nicolas Traylor for 9 years leading Richmond Rent Program
Receive monthly financial report for rent control program through January 2026
APPROVE the minutes of January 21, 2026, Regular Meeting of the Richmond Rent Board
Receive monthly financial report for rent stabilization program
APPROVE the minutes of November 19, 2025, Regular Meeting of the Richmond Rent Board