Providence City Council Passes Rent Stabilization Ordinance

The Providence City Council has passed a rent stabilization ordinance by a vote of 9-to-6.

The ordinance caps annual rent increases at four-percent with some exemptions.

Council President Rachel Miller says despite the power wielded by large corporate landlords that have pushed rents up and working families out - the council is going to stand up for renters.

A spokesman for Mayor Brett Smiley says there are concerns that the ordinance lacks a clear, workable implementation plan and would shift the tax burden to single-family homeowners while driving rents higher overall.

The ordinance has been sent to the mayor who has ten days to sign or veto it.

 (Photo by Jc Milhet / Hans Lucas / AFP via Getty Images)

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Photo: JC MILHET / AFP / Getty Images


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