Rent

Illinois – As renters across Illinois continue to face soaring apartment costs, a growing movement is urging lawmakers to lift the longstanding ban on rent control. Advocates argue that allowing local communities to regulate rent increases could help ease the state's affordable housing shortage. Rent control, a policy limiting how much landlords can raise rent annually, has been prohibited in Illinois since 1997. However, cities like New York demonstrate how rent stabilization can help tenants hold onto affordable homes despite inflation and a competitive housing market. Calls to Empower Local Communities on Rent Control Policies Diego Morales from the Lift…