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  • Comment Detail

  • Date: 07/31/23
    First Name: Alex
    Last Name: Davin
    Email: alex.davin93@gmail.com
    Organization Type: other
    Organization: Bozeman Tenants United + Homes Guarantee Campaign

  • Comment

    Rent goes up $200/month every year, cost of living in general goes up every year, but paychecks go up maybe $1,000/year. Budgeting is getting tighter and tighter with death being the only end in site. This needs to change now before only the Boomers and super rich can afford any housing.

    The rent is too damn high. 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.