How will this new program effect rents in single-family and duplex rental units?

By only requiring inspections once every three years, the total license cost over a three year period can be kept to as low as $300.  That cost spread out over 36 months means the maximum rent increase a landlord could justify based on this program is a little over $8 per month for a single unit, and approximately $4.50 per month for duplex units.  The City’s Planning Commission, Equity Commission, and City Council all found this potential impact to rents was more than justified by the program’s benefits.

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1. Why did the City of New Brighton expand the licensing requirement to single family and duplex rental units?
2. I’ve never had to get a rental license before for my property…will the licensing process be difficult?
3. Is there a cost for this license and will an inspection be required?
4. How will this new program effect rents in single-family and duplex rental units?
5. How will the City approach inspections?
6. Who will be involved during the inspection?
7. I’m not a landlord. How does this change help or impact me?
8. When do I need to secure a license for 2023?
9. Where can I find the complete ordinance establishing the expanded licensing program?
10. Who can I contact if I have questions?