Charter Amendments: Rent Stabilization
The City Council is considering two charter amendments that would give Minneapolis residents the opportunity to pursue Rent Stabilization. What are the charter amendments, why are they happening, and what do they mean?
You may have heard about a state preemption for rent stabilization. Minnesota state law says that no city or county can exercise control over rents unless the citizens vote on it in a general election. This means that the City Council can’t just create a rent stabilization or rent control policy; Minneapolis has to vote on it.