Submitted by: At the Request of the City Administrator
Submitting Department: Community & Economic Development
Agenda Section: Action
Item Title:
title
Enterprise Community Partners Inc. - Rent Stabilization Ordinance Technical Analysis
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Suggested Action:
recommendation
I move the City Council authorize the City Administrator to execute a contract for services with Enterprise Community Enterprise, Inc to provide the City with a Rent Stabilization Policy Study to inform the City's Rent Stabilization Ordinance, for a cost not to exceed $40,000.
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Summary Background:
In May 2021, the City Council unanimously adopted the City's 'Housing Action Plan' a 10-year roadmap of policies, programs and actions intended to enable the preservation and creation of affordable housing opportunities within the City of Hyattsville. The Plan was developed with Enterprise Community Partners (ECP) and prioritized four (4) major areas for enabling affordable housing:
1. Creation of an Affordable Housing Fund;
2. Using public land for developing affordable housing units;
3. Rent control;
4. Tenant rights.
In January 2023, Staff met with Enterprise Community Partners (ECP) to discuss the City's proposed Rent Stabilization Ordinance to discuss the ability of ECP to model the ordinance and provide the City with projected outcomes and recommendations for modifications, prior to drafting and adoption of the ordinance.
On April 3, 2023, the City Council approved HCC-324-FY23, approving the City Attorney to prepare an ordinance on regulating the annual rate of increase in rental prices in the City of Hyattsville.
Based upon the adoption of the direction of action adopted by City Council, the Staff consulted with the City Attorney's office and concurred that the City would benefit from an assessment and modeling of the proposed Rent Stabilization ordinance. The scope of work and deliverables will include the following:
* Modeling projected outcomes of policy language;
* ...
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