Prince George's County Announces New Permanent Rent Stabilization and Protection Act of 2024
Largo, MD – Prince George’s County today announced the enactment of the Permanent Rent Stabilization and Protection Act of 2024, a landmark law designed to safeguard renters from excessive rent increases. The new law, which takes effect on October 17, 2024, sets strict limits on how much landlords can raise rents each year, bringing stability to thousands of residents across the county.
“The Permanent Rent Stabilization and Protection Act is an important step in addressing the housing affordability challenges our residents face,” said County Executive Angela Alsobrooks. “This law will provide renters with the security they need, ensuring they are not burdened by steep rent hikes while landlords can continue to maintain their properties.”
Under the new law, rent increases for most rental units in Prince George’s County are capped at 6 percent annually or CPI-U (Consumer Price Index) plus 3 percent, whichever is lower. For residents living in age-restricted senior housing, rent increases are limited to 4.5 percent annually or CPI-U, whichever is lower.
Exemptions:
While the Act provides broad protections for renters, there are specific exemptions for certain types of properties. Units not subject to the new law include:
- Newly constructed units completed on or after January 1, 2000
- Units in medical, religious, and nonprofit facilities
- Owner-occupied group houses, Accessory Dwelling Units, and certain condominiums
- Hotels, motels, dormitories, and licensed assisted living facilities
Residents are encouraged to review the full list of exemptions to confirm if their rental unit qualifies under the law.
“This law strikes a balance between protecting renters and allowing landlords to make necessary investments in their properties,” added Aspasia Xypolia, Director of the Department of Housing and Community Development. “It also includes provisions for fair rent returns and capital improvements, ensuring that the quality of rental properties across the county remains high.”
The Department of Permitting, Inspections, and Enforcement (DPIE) will oversee enforcement of the new law and will issue notices regarding allowable rent increases each year. Beginning May 1 of each year, DPIE will notify landlords and tenants of the upcoming year’s rent increase limits, which will be effective from July 1 through June 30.
For more information about the Permanent Rent Stabilization and Protection Act of 2024, visit mypgc.us/rentprotection or residents can call PGC311 or (301) 883-4748 for questions about the law.
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Prince George’s County, Maryland
A mere glance at the diversity of Prince George's County confirms our role as a cultural and economic leader of tomorrow. Located in the heart of the Baltimore/Washington corridor, the County borders Washington D.C. and is just 37 miles south of the City of Baltimore. Encompassing almost 500 square miles, Prince George's County has an urban atmosphere that still manages to provide a scenic and peaceful place to live, work, and play.
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For More Information:
Alexis Revis Yeoman, Press Contact
(301) 456-4369
aryeoman@co.pg.md.us