It's time - for example, if I'm reelected, we're going to make sure that rents are kept at 5% increase, corporate rents for corporate apartments and the like and homes are limited to 5%,
Biden's comments could indicate that he plans to tighten a 10% annual rent increase cap that the Department of Housing and Urban Development previously announced in April, which applies only to affordable units financed through the Low Income Housing Tax Credit program.
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