Montgomery County Register

February 1, 2025,  Montgomery County Register Notices

 

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February 1, 2025

Dear Owner/Manager:

The Voluntary Rent Guideline (VRG) system helps provide a framework for rental property owners who are not subject to the rent stabilization law to acknowledge regional inflationary pressures and avoid price gouging. The figures from the U.S. Department of Labor, on which the VRGs are based, show the increase in the rent component of the 2024 Consumer Price Index for the Washington-Metropolitan area to be 3.3%.

While Montgomery County’s new rent stabilization law was implemented on July 23, 2024, when the Montgomery County Council approved the implementing regulations, the Department of Housing and Community Affairs (DHCA) strongly encourages all properties to voluntarily limit rent increases to the 3.3% VRG. Your cooperation in keeping rent increases affordable and within the guidelines is appreciated.

Please direct any questions or observations about the implementation of the rent stabilization law and regulations to the Office of Rent Stabilization in the Department of Housing and Community Affairs at (240) 777-0311.

Sincerely,

Marc Elrich
County Executive

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