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.
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 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 administration to unveil new actions aimed at lowering …
WEBJul 16, 2024 — President Joe Biden will call on Congress to pass a law that would ensure landlords capped rent increases at 5% or faced losing out on federal tax breaks.
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 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.
Here’s what tenants need to know about Biden’s plan to cap rent …
WEBApr 3, 2024 — Here’s what tenants need to know about Biden’s plan to cap rent hikes for some affordable housing units. The Biden administration moved this week to limit how much rent can rise in certain...
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 announces plan to cap rent increases at 5% for half of …
WEBJul 16, 2024 — President Joe Biden on Tuesday rolled out a plan offering landlords a choice: cap annual rent increases at 5% for the next two years or risk losing valuable tax credits. The White House proposal...