Overview
- The Rent Guidelines Board voted 7–1 to set zero-percent increases for one- and two-year leases that start between October 1, 2026 and September 30, 2027, a decision finalized after the June 25 meeting.
- The policy covers only rent-stabilized units, about 40% of the city’s rental housing, so market-rate renters receive no direct protection and pressure on the broader market may rise.
- An RGB member resigned hours before the vote saying the decision was predecided, and landlord groups and at least one federal lawsuit are challenging the freeze on grounds that include alleged bias and constitutional takings.
- Critics and some economists warn the freeze will squeeze small 'mom-and-pop' owners, reduce maintenance incentives, risk building deterioration and could shrink long-term rental supply as investors pull back.
- City Hall has proposed owner-side measures such as a city-backed insurance plan and a 10-year Block by Block housing plan to build 200,000 homes, but participation hurdles and uncertain legal outcomes leave practical relief unproven.