Establishes standards for expiration of rental housing affordability controls.

This bill sets new rules for when affordability controls on rental housing expire. If a tenant's income is at or below 80% of the regional median income when controls expire, their rent cannot be raised above the controlled rate until they move out. If the tenant's income is above that threshold, the landlord can charge market rent at the next lease renewal. The bill also requires landlords to give tenants specific written notice before controls expire and to include expiration dates in lease agreements.

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