Legislators Propose Bill to Eradicate MCI Rent Hikes

State Senator Michael Gianaris and State Assembly Member Brian Barnwell have introduced legislation that would completely eradicate the MCI program. The proposed legislation represents a change from a previous piece of legislation that was introduced by Gianaris and Barnwell, which called for reforming the MCI program and extending protections to tenants who were subject to increases due to apartment renovations. The previous legislation did not advance.