DHCA Report: Rent Stabilization Secured $91K in Tenant Refunds

The Montgomery County Department of Housing and Community Affairs (DHCA) published its first report on the Rent Stabilization law (Bill 15-23), which took effect July 23, 2024. In its first 18 months, the Office of Rent Stabilization secured $91,759 in rent and fee refunds across hundreds of units, negotiated an average 56% reduction in proposed annual rent increases, and saw a 69% decrease in units at 'Troubled' properties with extensive housing code violations. The report also details 34 community outreach events, 1,390 service requests resolved, and approved landlord petitions for fair return and capital improvements.