Rent Rebate Program
The long-established state program for property tax and rent rebates offers assistance to low income seniors and adults with disabilities. This rebate program allows eligible residents to collect a rebate for property tax or rent paid. Bills proposing changes to the rent rebate program are introduced regularly every session.
PAA continually monitors all rent rebate program legislation that may affect rental property owners.
PAA continually monitors all rent rebate program legislation that may affect rental property owners.
Rent Control
Rarely is there consensus around a public policy issue. However, economists are overwhelmingly unified in their opposition to rent control. Rent control has huge negative impacts on housing markets by limiting the incentive to invest in new and existing apartment housing, slowing the production of new supply, and exacerbating housing affordability challenges. All of these factors combined raises housing costs while contributing to the deterioration of housing stock. Rent control harms entire economies by stunting job growth and contributing to lowered property values. PAA firmly opposes rent control policies and instead supports policies that encourage increased supply of housing as the solution to affordability concerns.