My goal was to use an emergency rent stabilization bill tomorrow to address a 40-year high rent increase in rent-stabilized units and help residents who are already drowning under staggering inflation. My plan was to balance this with making sure landlords could maintain their properties.
However, emergency legislation in the Council cannot come with a cost. The Bowser administration is insisting that there is a cost to emergency rent control legislation, so at this point the Council cannot move forward with an emergency rent control bill. I will continue to provide updates as I move forward on looking for a tool to blunt the harmful impacts of the rent increase to rent-stabilized housing.