S3029 — Removes initial mortgage period on new construction from exemptions to municipal rent control and rent leveling ordinances.

S3029 — Removes initial mortgage period on new construction from exemptions to municipal rent control and rent leveling ordinances. · Informed CitizenrySenate Bill 3029 aims to modify how local municipal rent control laws apply to newly built housing units. Currently, many cities have exemptions in their rent regulations that allow newer construct…Open in Informed Citizenry