The 2.9% Protection Plan Everyone appreciates assurances. So to provide our homeowners with assurance as to future costs, we created The 2.9% Protection Plan. It’s a 20-year limited guarantee that assures you that the amount you pay monthly for your home’s land lease will not increase by more than 2.9% per year, over the previous year’s rent. The 2.9% Protection Plan goes into effect the moment you purchase your home from Rice Development. This plan is very important for you and the best way for you to completely understand it is for you to ask one of your sales people. They will be more than happy to explain the 2.9%  Protection Plan to you.