St. Paul voters have one major proposal on the ballot this fall: whether to limit rent increases to no more than 3% a year. Here's what we know about the measure, which could be among the strictest rent control policies in the nation if passed.
Check out our guide to the 2021 St. Paul mayor and school board candidates as well.
Proposal: Should the City adopt the proposed Ordinance limiting rent increases?
Question on the ballot:
Should the City adopt the proposed Ordinance limiting rent increases? The Ordinance limits residential rent increases to no more than 3% in a 12-month period, regardless of whether there is a change of occupancy. The Ordinance also directs the City to create a process for landlords to request an exception to the 3% limit based on the right to a reasonable return on investment. A "yes" vote is a vote in favor of limiting rent increases. A "no" vote is a vote against limiting rent increases.
What would the policy look like?
The full text of the proposed ordinance can be found here.
What does research say about rent control?