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Demands for Federal Action to Regulate Rent Released in Memo and Letter to the Administration

Contact: Johanna Kichton, press@peoplesaction.org, 202.660.0605

WASHINGTON, D.C. – The Homes Guarantee campaign, based at People’s Action, today led a coalition of over 220 tenant unions, community organizations, and legal partners to call on President Biden to regulate rents in a new memo and letter. The demands come just a day before July’s inflation numbers are set to be released. 

Rent has become a major driver of core inflation. June 2022 saw the biggest one-month increase in rents since 1986. Nationally, median rent is over

$2000 for the first time ever. 

“The president must act immediately to regulate rents, as part of the administration’s efforts to curb inflation, and as a critical foundation for long term protections to correct the imbalance of power between tenants and their landlords,” the signers wrote.

The demands for federal action to combat rent inflation include:

  • Declaring a state of emergency on housing;
  • Imposing rent regulations on all borrowers of federally-backed mortgages;
  • Defining excessive rent increases as an unfair practice and enforcing it;
  • Investigating corporate landlords using unfair tenant screening and debt collection practices;
  • Obtaining and investigating rent increases at publicly traded companies that own and manage rental residential properties;
  • Conditioning new Emergency Rental Assistance Program (ERAP) funds with rent control measures; and
  • Attaching good cause eviction protections to the Low-Income Housing Tax Credit.

The full text of the demands, letter, and signers may be found here.

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People’s Action builds the power of poor and working people in urban, rural, and suburban areas to win change through issue fights and elections. We are a national network of 38 state and local grassroots power-building organizations in 28 states–united in the work of building a bigger “we.”

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Press Contact
Johanna Kichton

(202) 660-0605

About People’s Action

People’s Action is a national network of 40 state and local grassroots, power-building organizations united in fighting for justice. Our organization recently released a vision for a national Homes Guarantee that has already prompted major legislation from champions including U.S. Reps. Ilhan Omar, Alexandria Ocasio-Cortez, and Rashida Tlaib. We operate the largest progressive rural organizing project in the country. Prior to endorsing Sen. Bernie Sanders for president, we completed a national forum series that The Nation called “the most in-depth, people-powered forum” of the 2020 cycle.”

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