Council tees up expansion to rent protection program
A broadly popular program that freezes rents for senior and disabled tenants by providing property tax credits to landlords is likely to cover more applicants, after the City Council voiced broad support for bills that would raise renters’ income limits to $75,000. At a Friday hearing lawmakers discussed proposed changes to Senior Citizen and Disability Rent Increase Exemptions, two programs they framed as a mutual benefit that more tenants and owners should be utilizing. The expansion of the program, part of a larger package of housing bills, is likely to pass at an upcoming stated meeting of City Council, though […]
This article originally appeared on The Real Deal. Click here to read the full story.
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