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For Immediate Release


Johanna Kichton,

Press Release

220+ Organizations Call on Biden Administration to Regulate Rent to Curb Inflation

Demands for Federal Action to Regulate Rent Released in Memo and Letter to the Administration

The Homes Guarantee campaign, based at People’s Action, today led a coalition of over 220 tenant unions, community organizations, and legal partners to call on President Biden to regulate rents in a new memo and letter. The demands come just a day before July’s inflation numbers are set to be released. 

Rent has become a major driver of core inflation. June 2022 saw the biggest one-month increase in rents since 1986. Nationally, median rent is over

$2000 for the first time ever. 

“The president must act immediately to regulate rents, as part of the administration’s efforts to curb inflation, and as a critical foundation for long term protections to correct the imbalance of power between tenants and their landlords,” the signers wrote.

The demands for federal action to combat rent inflation include:

  • Declaring a state of emergency on housing;
  • Imposing rent regulations on all borrowers of federally-backed mortgages;
  • Defining excessive rent increases as an unfair practice and enforcing it;
  • Investigating corporate landlords using unfair tenant screening and debt collection practices;
  • Obtaining and investigating rent increases at publicly traded companies that own and manage rental residential properties;
  • Conditioning new Emergency Rental Assistance Program (ERAP) funds with rent control measures; and
  • Attaching good cause eviction protections to the Low-Income Housing Tax Credit.

The full text of the demands, letter, and signers may be found here.


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