Maryland SB953 establishes an annual rent increase limit for seniors in Charles County based on the Consumer Price Index.
Maryland SB953 introduces a rent stabilization measure for seniors in Charles County. It mandates the county to set an annual rent increase limit for rental units occupied by seniors, based on the Consumer Price Index for the Washington Metropolitan Area. This provision aims to protect senior renters from excessive rent hikes, ensuring their housing costs remain affordable. The law takes effect on October 1, 2026.
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