“In 2022, CT required towns with over 25,000 residents to adopt an ordinance through their legislative bodies to set up fair rent commissions,” A fair rent commission (FRC) is a municipal board with the power to limit or modify rent increases and other rental charges so as to prevent them from being so “excessive” that they are “harsh and unconscionable” and to reset them to “fair and equitable.” Did you know that renters make up about one-third of households in Greenwich?
How it works: Today 52 Connecticut towns have commissions. FRCs are essentially mediation boards that are staffed with local community members. Tenants, landlords, and other town residents function as commissioners for the FRCs, which have wide discretion to determine whether rent increases are excessive. The FRCs determine this by applying 13 statutory factors, including size and history of rent increases, the condition of the rental property, the landlord’s operating costs, and others.
Save the Date: On Monday, March 11, the RTM will be voting to approve a Fair Rent Ordinance for the Town of Greenwich.
Meanwhile, Hartford is piling on other onerous laws that further restrict free commerce in the State. For example, a "Just Cause Eviction" bill has made its way through the Housing Committee that would replace "No Fault" evictions with "Just Cause", or "Good Excuse" evictions that prevent a landlord from forcing a tenant to move out of a property without a good reason, enabling tenants to stay in housing beyond the term of the lease contract. Other proposals include blocking landlords from considering a tenant's criminal record. Does this sound like rent control to you? Has anyone studied the unintended consequences e.g. lower values for rental properties in CT?
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