State Law Issues

MBA's 2019 Commercial/Multifamily Policy Priorities

Reference Resources

State legislators should explore proven alternatives to rent control to address housing concerns.

Overview: MBA supports state legislation and policies that creates a positive business environment for commercial and multifamily lenders and supports efforts to remove barriers to real estate development. For example, MBA believes rent and vacancy control creates significant disincentives to the construction of new multifamily housing and the rehabilitation of existing housing. This can result in the loss of rental housing growth, foster the deterioration of existing multifamily housing and effectively limit access and availability to affordable multifamily housing for years to come. In sum, those measure cause harm and are not effective in improving the housing situation they are intended to address. 

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