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DC News Now | Washington, DC

DC News Now | Washington, DC

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Business & Economics

Mayor Bowser unveils new legislation to protect, support affordable housing in DC

DC News Now | Washington, DC
Summary
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81% Informative

The Rebalancing Expectations for Neighbors , Tenants and Landlords (RENTAL) Act is intended to protect existing affordable housing while growing the housing market.

The legislation comes as landlords and developers struggle to collect rent payments post-pandemic.

D.C. Mayor Muriel Bowser is rolling out a slew of policies meant to stabilize affordable housing in the District.