Montgomery County Exec Signing Rent Stabilization Bill Today

(Montgomery County, MD) — In what some are calling a big win for affordable housing, Montgomery County Executive Marc Elrich is signing the recently-passed rent stabilization bill into law today. The County Council passed it last week on a 7-to-4 vote. The measure limits annual rent increases to three percent plus inflation, with a cap of six percent. The bill will go into effect in about three months. DC and Prince George’s County added similar rent increase protections for residents this year as well.

Montgomery County Executive Marc Elrich