The Hoboken City Council will host a virtual community meeting on Monday, July 11, at 6 p.m. regarding proposed changes to the rent-control ordinance.
The ordinance, introduced by the Council, proposes to amend the percentage rent can be increases in a rent-controlled building once it is vacated by a tenant from 25% to 10%, and lowers the maximum annual rent increase in rent-controlled units from 7.5% to 4%.
For more information and instructions on how to join the Zoom meeting, go to http://hobokennj.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=1842&Inline=True.
