PAH Rent Control Research Presented to State Lawmakers
Last Tuesday, Morgan Shook at ECONorthwest presented the Partnership for Affordable Housing’s rent control report released last summer to a work session run by state lawmakers on the Senate Financial Institutions, Economic Development & Trade Committee. WMFHA helped form PAH with other stakeholders out of a strong and shared interest to come together to develop fresh ideas and policy solutions to providing a wide range of housing options for all Washingtonians.
With the legislative session approaching in January, the presentation provided an excellent opportunity to make clear to lawmakers that a statewide rent control policy is not the solution to addressing Washington’s current housing crisis – and that they instead should propose more effective, proven policies such as increasing rental assistance programs, investing in public private partnerships, and expanding the state’s popular Multifamily Tax Exemption (MFTE) program.