Rent Stabilization Ordinance

Rent Stabilization Ordinance Summary

Maximum Permissible Annual Rent Increase

• Owners may not impose more than one rent increase for a covered dwelling unit in any 12-month period.
  
  
• The maximum permissible annual rent increase is 4%.

Exemptions to Rent Stabilization

Generally speaking, the ordinance applies to all multifamily residential properties that were issued their first certificate of occupancy before February 1, 1995, unless a specific exemption applies. Examples of the types of properties that are exempt from the ordinance include:

• Most single-family homes or condominiums (see note below)
  
  
• Duplexes in which one of the two units is occupied by the owner (see note below)
  
  
• Duplexes in which one of the two units is occupied by the owner
  
  
• Dwelling units expressly exempt from rent control per state or federal law
  
  
• Government-subsidized dwelling units
  
  
• Dwelling units that are subject to the City’s Mobile Home Park Rent Stabilization System
  
  
• Institutional properties like dormitories, hospitals, convents, and group homes
  
  
• Hotels, boarding houses, or other types of properties used for transient occupancy