Richmond Rent Board Meeting - 4/15/2026

The Richmond Rent Board held a meeting on April 15, 2026, focusing primarily on updates and policy discussions related to rent control exemptions and the program's operating budget for fiscal year 2026-2027. Key procurement-related topics included a study session on potentially rescinding exemptions granted under regulation 202, particularly concerning governmentally subsidized housing units, and compliance with rent increase limits. Staff reported ongoing data reconciliation and rent roll reviews, with some properties found out of compliance. The board also reviewed the draft operating budget, noting significant vacancies and salary increases due to new union agreements, which are expected to raise administrative fees despite a decrease in covered rental units. The board discussed staffing challenges, including delays in hiring a deputy director pending city manager approval, and considered strategies to expedite the process. Additionally, the board received a report on research into a proposed real estate disclosure policy and ordinance to ensure rent program fees are disclosed during property transfers, recommending pursuing a lien ordinance and coordination with county recording processes. Motions were passed to move forward with the lien ordinance and related fee recording efforts. No contract awards or vendor selections were detailed, but budget and policy decisions discussed will impact future procurement and staffing activities within the rent program.