Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

 - Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

Will Illinois Pass Rent Control Law?

Rent Control Debate in Chicago Illinois on WTTW

In this post, we share a video featuring Illinois rent control advocates and opposition discussing their positions.

The state of California just passed a rent control bill, becoming the third state to do so.

Will the state of Illinois could be the next state to pass rent control?

The only states that currently have rent control laws are New York, California, and Oregon.

Rent control laws have been barred in Illinois since 1997.

The Illinois legislature has considered repealing the rent control ban.

A bill introduced by state Rep. Will Guzzardi has called for the ban against rent control laws to be lifted.

Dast the previous legislative session, the bill failed never made it out of the commercial law subcommittee of the Judiciary-Civil Committee.

With proponents and opposition groups formed, the battle is not over yet.

A new bill has been introduced to the Illinois lawmakers that calls for repealing the rent control ban and establishing six “regional rent control boards” across the state.

So what is rent control? How do renters benefit?

Jawanza Malone of the Lift the Ban Coalition, and Michael Mini, executive vice president of the Chicagoland Apartment Association, met recently on WTTW Tonight to discuss their positions.

 

Read the original article, view the video and read the transcript on WTTW.com

 


The Law Offices of Lora Fausett P.C. provides real estate law services including loan modificationsbuying and selling legal assistanceshort sales and deeds in lieumortgage foreclosure defense, and more.

Located in Glen Ellyn, Illinois and serving clients in DuPageCookKane, Will, and Kendall Counties.

For Information Call 630-858-0090