Rent stabilization in Providence voted on by city council, mayor vows veto

PROVIDENCE, R.I. (WJAR) — The Providence City Council voted 9-6 Thursday night in favor of a rent stabilization ordinance, leaving just one more vote before the legislation goes to Mayor Brett Smiley’s desk.

“Our families continue to struggle to pay their rent and also maintain a cultural and also livable community,” said City Council President Pro Tempore Juan Pichardo.

The ordinance would cap annual rent increases at 4%, with some exceptions for small, owner-occupied landlords, affordable housing and new builds…

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