2023-01-25 19:18:10

Biden administration rolls out a blueprint for a 'renters bill of rights' Here's what it includes

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CNBC
By Annie Nova

Key Points

  • The Biden administration rolled out a blueprint for a renters bill of rights, a major win for tenants, advocates say.
  • Some of the upcoming changes could include curbing 'egregious' rent hikes in certain properties, and more funding to get low-income tenants facing eviction access to legal representation.

Housing rights activists and tenants protest against evictions and the poor condition of their apartments outside the offices the landlord Broadway Capital in Chelsea, Massachusetts on April 25, 2022.

Brian Snyder | Reuters

The Biden administration announced on Wednesday new actions to protect renters across the U.S., including trying to curb practices that prevent people from accessing housing and curtailing exorbitant rent increases in certain properties with government-backed mortgages.

A "Blueprint for a Renters Bill of Rights" was included in the announcement. It lays out a collection of principles for the federal government and other entities to take action on, including "access to safe, quality, accessible and affordable housing" and "clear and fair leases."

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