Democrats in the Virginia General Assembly seek to allow local cities and towns to enact “anti rent gouging” ordinances that would regulate what property owners can charge renters and when rent can be raised, and additionally seek to add $100 million to the budget to fund “long-term direct rental assistance” for 5,000 families via vouchers.
Delegate Nadarius Clark (D-Suffolk) introduced HB 721 in early January to allow “any locality” to adopt an “anti-rent gouging” ordinance that would force landlords to provide two months of written notice in the event of a rent increase, prevent landlords from raising rent more than once within a 12-month period, cap how much rent can be increased and allow communities “to establish an anti-rent gouging board” to create regulations “by which landlords may apply for and be granted exemptions” from the legislation.
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