FACT SHEET: President Biden Announces Major New Actions to …
WEBJul 16, 2024 · President Biden is calling on Congress to pass legislation presenting corporate landlords with a basic choice: either cap rent increases on existing units to no more than 5% or lose...
Biden unveils plan to cap rent hikes | CNN Business
WEBJul 16, 2024 · The plan, which is subject to congressional approval, calls for withdrawing tax credits from landlords who raise rent by more than 5% per year, beginning this year and for the next two years.
Biden administration says it wants to cap rent increases at 5% a …
WEBJul 16, 2024 · The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Housing: Biden to announce rent cap plan amid housing inflation …
WEBJul 15, 2024 · Biden’s plan — which would need to be approved by Congress — calls for stripping a tax benefit from landlords who increase their tenants’ rent more than 5 percent per year, the people said.
Biden to call for 5% cap on annual rent increases, as he tries to …
WEBJul 15, 2024 · President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords as he tries to show he's doing something about the high cost of housing, according to a...
Biden Rent Cap Proposal Reignites Housing Policy Debate - The …
WEBJul 19, 2024 · The White House called on Congress to pass legislation giving “corporate landlords” — defined by the White House as those with over 50 rental units — a choice to cap annual rent increases on...
Biden calls on Congress to crack down on large rent hikes by …
WEBJul 16, 2024 · President Joe Biden on Tuesday called on Congress to pass legislation that would compel corporate owners of rental housing units to cap annual rent increases at 5% or lose some tax benefits.
Biden to call for 5% cap on annual rent increases, a critical
WEBJul 16, 2024 · President Joe Biden will announce a new 5% cap on rental increases nationwide, a proposal aimed at stemming inflation-driven housing costs that have not dipped since the pandemic.
Biden to call for 5% cap on annual rent increases - Boston.com
WEBJul 15, 2024 · WASHINGTON (AP) — President Joe Biden is ready to propose a 5 percent cap on annual rent increases for tenants of major landlords as he tries to show he’s doing something about the high...
President Biden Calls on Congress To Cap Rent Hikes at 5% - realtor.com
WEBJul 16, 2024 · President Joe Biden has called on Congress to pass legislation that would cap annual rent increases in apartments owned by large landlords at 5% annually.