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  • Comment Detail

  • Date: 07/12/23
    First Name: Zachary
    Last Name: Khan
    Email: zachary.khan96@gmail.com
    Organization Type: N/A
    Organization: N/A

  • Comment

    My name is Zachary Khan, I am a tenant in Reno, NV, and a member of the Homes Guarantee Campaign. The rent is skyrocketing and it’s out of control. I was priced out of my last apartment due to an increase of $300. The Federal Housing Finance Agency should protect tenants by limiting annual rent hikes to 1.5 times the Consumer Price Index or 3%, whichever is lower, in properties with federally backed mortgages. These limits should be applied universally as a requirement to all federally backed mortgage programs.

    In addition to limits on rent hikes, the FHFA should prohibit evictions without good cause, ban source of income discrimination, enforce and expand existing protections against discrimination, require safe and accessible housing conditions, create a landlord registry, require fair and standardized leases, ensure tenants have the right to organize, and create an Office of Tenant Protections to enforce these rights in all properties with federally backed mortgages.