Comment Detail
Date: 07/28/23 First Name: Barry Last Name: Price Email: pricebarrya@gmail.com Organization Type: other Organization: Homes Guarantee Campaign Comment
Here in San Luis Obispo, CA, rents have more than doubled in the past 5 years. Apartments and small homes that used to rent for $800-$1000 per month are now more than $2000. Even doctors, nurses, teachers, and other professionals have been priced out, and forget about our frontline service workers! They are forced to commute 50-60 miles per day, or even more. 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.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.