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The Truth About Rent Control in Bloomfield

  1. Under New Jersey law rent control is consumer protection legislation subject to the existence of a housing emergency. No housing emergency exists in Bloomfield;
  2. That more than half the municipalities in Essex County do not allow rent control and that other contemporary rent control ordinances in neighboring communities have evolved to reflect the current fiscal, housing and business environments;
  3. That the proven effect of rent control laws is to transfer property tax burdens from multi-family to single-family home owners but not other commercial property owners;
  4. That affordable housing is a worthy social objective, but that rent control is proven to be ineffective at creating or maintaining affordable housing, and that its rewards do not reach the intended beneficiaries;
  5. That rent control may serve legitimate social purposes during a tenancy tenure, but that new residents who have not earned the status should not be granted subsidies;
  6. That the health of the housing stock is threatened by limiting the income of properties to a point where their upkeep is not practical for the owner;
  7. That current annual increases do not permit energy or insurance pass throughs, resulting in an effective property taking and a multi-family property tax appeal spiral;
  8. That restricting rents can lead to condominium conversion and an effective reduction in affordable housing;
  9. That the administration of rent leveling ordinances should not be unduly burdensome to the municipality or the property owners;
  10. That violators of the rent leveling ordinance should be subject to penalty of under the law.

Essex County Rent Control

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Policy

  • Original Policy Statement on Rent Control - 10/5/14

  • Comparing Rent Increases to Other Costs - 8/1/15

  • Suggestions for Ordinance Redevelopment - 3/5/16

  • Reaction to Newark Ordinance Posting - 4/13/16

  • Truth About Bloomfield Rent Control + Fact Sheet - 4/21/16

  • Position on Committee Ordinance Terms - 4/21/16

  • Reaction to the Administration's Posted Ordinance - 4/21/16

  • History On The Development Of Bloomfield's Rent Control Program - 4/25/16

The Conversation

Bloomfield NJ Facebook Group

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Bloomfield Pulse Facebook Group

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Bloomfield Property Owners Association

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