“Renters have never faced hardship like this. They desperately need relief and that’s why we fought for this rent freeze. Now, more renters than ever before will get help keeping a roof over their heads. This is one step of many we have to take to get families through this crisis—but it’s a big one.”
The rent freeze is for only those who choose to renew their leases for one year. For those who choose the two year option the rent increase is one percent for the two years of the lease.