SB 97 - Approval of Rental Prices on Certain Housing - Delaware Key Vote

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Title: Approval of Rental Prices on Certain Housing

Vote Smart's Synopsis:

Vote to pass a bill that requires owners of manufactured home communities to seek approval for raising average rental prices more than the increase in the Federal Consumer Price Index of the previous year.

Highlights:

  • Establishes a hearing process by which owners can obtain Advisory Council approval (Sec. 2).
  • Specifies that owners, who raise average rents more than the Federal Consumer Price Index without Advisory Council approval, will be subject to a civil fine of no less than $10,000 and no more than $25,000 (Sec. 2).
  • Authorizes the Department of Justice to investigate complaints against owners of manufactured home communities (Sec. 2).

Title: Limits Owners' Ability to Raise Prices on Rental Housing

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