Landlord group’s new legislative agenda looks for ways to up rents in regulated units

A small landlord group has unveiled its top housing priorities for next year, which include a proposal to create a new program that allows landlords to increase rents on stabilized apartments. The Community Housing Improvement Program on Tuesday unveiled its legislative agenda for next year, which includes a proposal to replace the Individual Apartment Improvement program with the “Housing Protection Act.” The HPA would allow a landlord to temporarily hike legal rents by 1/90th of

source https://therealdeal.com/2019/12/17/landlord-groups-new-legislative-agenda-looks-for-ways-to-up-rents-in-regulated-units/