A working group charged with developing a rent-control policy for Minneapolis on Tuesday recommended a 3% cap on rent hikes, with no exceptions, to the City Council.
KSTP has a report on the decision by the 25-person Housing/Rent Stabilization Work Group, made up of a mix of tenants, landlords, developers and others. Just over half the panel voted for the strict 3% rent control measure. The group was formed after voters last year approved a measure to allow the Minneapolis City Council to draft…
