The next OTA stakeholder meeting will be held on Wednesday, April 23, 2014 from 1:00 p.m. to 3:00 p.m. The topic will be hardship petitions and the effect on rent control. Stakeholder meetings are held in the OTA conference room located in Suite 300N of the Reeves Center, 2000 14th Street NW.
Hardship petitions allow owners of buildings that would otherwise be under rent control to increase the rent to keep up with expenses. The process is long and complex. It's also controversial. This should be an interesting conversation. Landlords, owners, realtors, and property managers are certainly stakeholders in this process so if you have time to be present this is a good opportunity to be heard.