CAA last week partnered with Santa Clara County Assessor Larry Stone to explain how owners of multifamily properties can get a temporary reduction on their property tax assessments. Larry Stone During a webinar, Stone reviewed Proposition 8, which allows for a temporary reduction in assessments. The assessor also discussed the information his office requires from commercial property owners to process tax-reduction applications for the 2021-22 tax bill. Under Proposition 8, property owners can apply for a temporary reduction in assessed value when a property suffers a “decline in value.” A decline in value is when the market value of a… Read More
San Mateo County’s public transportation system is gauging landlord interest in its bulk transit pass program. SamTrans’ Way2Go program allows residential complexes and companies to purchase annual unlimited-ride bus passes for all eligible residents or employees. The study seeks to improve the bulk transit pass program and make it more appealing to apartment owners and managers and other potential participants. The survey can be accessed here and should be completed by Dec. 18
The San Mateo County Board of Supervisors has adopted a grant program to provide relief to landlords who’ve experienced lost rent due to the COVID-19 pandemic. The California Apartment Association helped develop the Small Residential Property Owners Program, which supervisors adopted Sept. 15. The program will assist landlords in recouping rental income that’s gone unpaid during the county-enacted eviction moratorium from March through August.
When San Jose’s COVID-19 eviction moratorium ends, tenants who’ve fallen behind on their rent due to the virus will have six months to pay half of their rent debt and another six months to cover the rest. The changes, secured by the California Apartment Association, came by a unanimous vote Tuesday night. CAA’s work is also expected to result in lower city fees for landlords. The eviction moratorium does not suspend the obligation of rent but prohibits eviction of renters unable to pay their rent for as long as the eviction moratorium is in effect. “Ensuring that residents have safe… Read More
Two Bay Area jurisdictions this week adopted regulations to freeze rent increases in response to the COVID-19 pandemic. CAA worked closely with both jurisdictions – the city of San Jose and San Mateo County — to make sure the legislation protects for renters with COVID-19 financial challenges while sparing landlords from overly burdensome financial or administrative requirements. San Mateo County On Tuesday, April 28, the San Mateo County Board of Supervisors unanimously approved a temporary rent increase moratorium. The ordinance took effect immediately and covers all of San Mateo County, unincorporated areas and within cities. The ordinance bans rent increases… Read More
The San Jose City Council next week is expected to consider an ordinance that would freeze rents on all rent-controlled units for the rest of the year. At this week’s meeting, the council directed the city attorney to return Tuesday, April 21, with an ordinance that: Freezes rents on all rent-controlled units until Dec. 31, 2020. Clarifies that it is not a service reduction if a landlord reduces amenities to comply with a public health order. Waives building/repair maintenance permit fees for rental properties under 20 units. Allows a landlord to lower rents and maintain the higher base rent for… Read More
The San Jose City Council on Tuesday night rejected a proposal to suspend rent collections during the COVID-19 crisis. The city attorney agreed with the California Apartment Association’s contention that the proposal violated the U. S. Constitution and was otherwise unlawful. Moreover, the city attorney conceded that a city-mandated rent suspension was a taking that subjected the city to costly lawsuits. As a result, the City Council declined to move forward with the proposal. This success would not have been possible without rental housing providers responding to CAA’s action alert Since Monday, the City Council received over 1,100 letters opposing… Read More
The Mountain View City Council on Tuesday decided to place its own measure before voters seeking changes to the city’s rent control ordinance. The measure, approved on a 5-2 vote, will appear on the March 2020 ballot and would change the Community Stabilization and Fair Rent Act in several ways. Here are key highlights of what the measure would do:
Cities across California this week continued to pursue urgency stopgap ordinances intended to prevent no-cause evictions before AB 1482 takes effect Jan. 1. Approving stopgap measures Tuesday were the following cities: Alhambra, Redondo Beach and Duarte in the Los Angeles area; and Menlo Park and San Carlos in the Bay Area; and Watsonville on the Central Coast. Long Beach ratified its measure Tuesday with a second reading. As previously reported, more than a dozen other jurisdictions, from Los Angeles to Redwood City, have passed similar stopgap ordinances over the past few weeks.
Several more cities this week approved stopgap ordinances to begin enforcing elements of Assembly Bill 1482 before the statewide rent control and “just cause” eviction law takes effect Jan. 1. On Monday, the municipalities of Redwood City and Daly City, both in the San Francisco Bay Area, approved measures that prohibit no-cause evictions on housing that will be covered by AB 1482, the newly approved statewide rent-cap legislation. In Southern California, the city of Bell Gardens also approved a stopgap measure Monday. On Tuesday, the city of Santa Cruz on the Central Coast adopted an urgency just-cause measure during a special council meeting. While this ordinance mirrors the just cause… Read More