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How much can my lease be increased each year?

The Ordinance provides that the Rent Stabilization Board each year identifies the permissible portion increase, or Annual General Adjustment (" AGA"), that landlords can raise rents for renters in regulated rentals. Landlords of rent-controlled systems, who are in compliance with the Ordinance might increase rents between July 1 and June 30 of each program year by the amount of the AGA (assuming the occupant's existing rent level is at a previously accredited Maximum Allowable Rent, hereinafter "MAR") after giving appropriate 30-day notice to the tenant, as needed by State law.

The following are the percentage of lease increases enabled, including all costs for regulated housing services, for each program year because the Ordinance went into result in August 8, 2010:

- July 1, 2024 - June 30, 2025 AGA lease boost of 1.9% permitted

• July 1, 2023 - June 30, 2024 AGA lease increase of 4.2% permitted
• July 1, 2022 - June 30, 2023 AGA rent increase of 4.2% enabled
• July 1, 2021 - June 30, 2022 AGA rent boost of 1.3% allowed
• July 1, 2020 - June 30, 2021 AGA lease boost of 2.3% enabled
• July 1, 2019 - June 30, 2020 AGA rent boost of 2.8% permitted
• July 1, 2018 - June 30, 2019 AGA rent boost of 2.9% allowed
• July 1, 2017 - June 30, 2018 AGA lease boost of 2.7% permitted
• July 1, 2016 - June 30, 2017 AGA lease increase of 2.4% permitted
• July 1, 2015 - June 30, 2016 AGA rent increase of 2.0% permitted
• July 1, 2014 - June 30, 2015 AGA rent boost of 2.0% enabled
• July 1, 2013 - June 30, 2014 AGA lease boost of 2.0% enabled
• July 1, 2012 - June 30, 2013 AGA rent boost of 2.4% permitted
• July 1, 2011 - June 30, 2012 AGA lease increase of 1.4% permitted
• August 8, 2010 - June 30, 2011 AGA of 0% (no boosts were permitted)
  
  If rent was increased by more than the percent cited above for any of these program years, tenants may petition for a lease reduction and for a refund for any lease they paid too much, unless the lease boost is to the allowable rent level or MAR, as allowed under State law,1 and the landlord is otherwise in compliance with the Ordinance.
  
  In determining rent increases, AGAs need to be used to a tenant's allowable rent level or accredited MAR (Do not include the City's registration cost of $9.75 when determining the lease boost). The Board adopts the AGA in April to be reliable before the program year starts, which runs July 1 through June 30 of that year and a notification sent by the Board encouraging landlords and occupants of regulated rental systems of the AGA is sent out in mid-May of the same year. A is eligible to increase rents utilizing AGAs only if the proprietor:
  
  1. Registers all systems in the same residential or commercial property with the Rent Stabilization Program