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Per SB 608, a 2019 Senate Bill that amended existing laws relating to the termination of residential tenancies and rent increases, the Oregon Office of Economic Analysis calculates and publishes ...
Santa Ana, California, limits annual rent increases to 3% for any apartments built before 1995, which is below the state’s rent control cap of 5% plus local inflation.
The frequency and degree of rent increases are limited, usually to the rate of inflation defined by the United States Consumer Price Index or to a fraction thereof. San Francisco, for example, allows annual rent increases of 60% of the CPI, up to a maximum 7%. [65] Rent control laws are often administered by nonelected rent control boards.
These are expensive times due to continuing inflation, which has really had a steep impact on the cost of housing. According to a recent GOBankingRates survey, 73% of people rent versus own, and ...
The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [1] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...
From 2023 to 2024, the number of homeless veterans decreased from 35,000 to 32,800, a drop of about 7.5%, according to data released by the U.S. Department of Housing and Urban Development.
In the second quarter of 2020, the average rent in San Diego County was $1,926, reflecting a 26% increase over three years, according to the San Diego Union-Tribune.
The Wisconsin Housing and Economic Development Authority and Pennsylvania Housing Finance Agency, for instance, have agreed to cap annual rental increases to 5% per year for federal- or state ...