City of Sacramento updates local rent cap to match AB 1482

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The Sacramento City Council this month modified its annual limit on rent increases to match the statewide rent cap under Assembly Bill 1482.

On a unanimous vote, the council on Jan. 14 lowered the local rent cap from CPI plus 6% to CPI plus 5% — the same formula used in AB 1482, the statewide rent control law that took effect on Jan. 1.

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Tagged: Sacramento Valley