Bill > HB1250

This bill addresses issues in manufactured home communities by establishing several key protections for residents. It allows residents to form associations and hold group meetings without interference from community owners, and extends the required notice period for rent increases from 30 to 90 days. The bill limits annual rent increases to no less than 2% and no more than 4%, based on the Consumer Price Index for All Urban Consumers (CPI-U) for the Northeast Region, with exceptions for extraordinary operating expenses. Community owners must provide detailed financial documentation if seeking to increase rent beyond the standard limit, and residents have the right to challenge proposed increases by meeting with owners or filing complaints with the Attorney General or local courts. The legislation also prevents rent increases during unresolved health or safety violations and provides residents with additional time to decide whether to accept new lease terms or relocate. The bill's broader purpose is to protect vulnerable manufactured home residents from predatory rent practices, recognizing that these communities are often home to low- to moderate-income individuals who face significant challenges in moving their homes and are thus susceptible to exploitation by large corporations and private equity firms that increasingly own these communities.

Budget and Finance, Housing and Urban Affairs

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