NJ Spotlight News
Residents reject strengthening of rent control ordinance
Clip: 4/21/2021 | 2m 58sVideo has Closed Captions
The downside of redevelopment and gentrification in many communities is often rising rents
An effort to pass a new, tougher rent control ordinance was defeated by voters last night, by a nearly 2 to 1 margin. The Asbury Park Affordable Housing Coalition fought to put the ordinance on the ballot, which would have capped rent increases at 4%, or the current rate of inflation. That would have provided more tenant protections than another rent control ordinance recently passed by council.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Residents reject strengthening of rent control ordinance
Clip: 4/21/2021 | 2m 58sVideo has Closed Captions
An effort to pass a new, tougher rent control ordinance was defeated by voters last night, by a nearly 2 to 1 margin. The Asbury Park Affordable Housing Coalition fought to put the ordinance on the ballot, which would have capped rent increases at 4%, or the current rate of inflation. That would have provided more tenant protections than another rent control ordinance recently passed by council.
Problems playing video? | Closed Captioning Feedback
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS