SEC. 151.34. TEMPORARY SETTING OF AUTOMATIC RENT ADJUSTMENTS AT FOUR PERCENT (4%).

(Added by Ord. No. 188,071, Eff. 1/24/24.)

During the period commencing February 1, 2024, and ending on June 30, 2024, the maximum adjusted rent of any occupied rental unit may be increased once without permission of the Rent Adjustment Commission or Department in an amount not to exceed four percent (4%). If the landlord pays all the costs of electricity and/or gas services for a rental unit then the maximum adjusted rent may be increased an additional one percent (1%) for each such service paid by the landlord, not to exceed a total of an additional two percent (2%).

This section shall be repealed and terminate at the end of June 30, 2024.