The city of Los Angeles is considering an “anti-displacement” proposal that would cap rent increases near new luxury and market-rate apartment developments when those projects lack affordable housing. The proposal, introduced last…
Costa-Hawkins Act
Gov. Gavin Newsom today signed Assembly Bill 1482, landmark legislation that will place an annual cap on rent increases and create new standards for evictions across California.
In a matter of days, Gov. Gavin Newsom is expected to sign Assembly Bill 1482, legislation that will cap rent increases statewide and become California’s most significant rental housing law in a quarter century.
This year’s statewide rent-cap bill, including a series of amendments secured by CAA, has cleared both houses of the California Legislature and now awaits Gov. Gavin Newsom’s signature. The Assembly,…
Over the objections of CAA, Los Angeles County supervisors Tuesday voted unanimously to draft a permanent rent control ordinance for the county’s unincorporated areas. The ordinance is expected to limit…
A bill that would cap annual rent increases for much of California’s multifamily housing stock now includes significant amendments secured by the California Apartment Association. The amendments to AB 1482, among other things, would prevent local governments…
During the first half of 2019, the California Apartment Association fought a deluge of negative rental housing legislation, from statewide rent control to authorized rent strikes. Below we summarize…
Signature-gathering is expected to begin soon in Michael Weinstein’s latest effort to place a radical rent control measure before California voters. California’s attorney general this week issued a title and summary for Weinstein’s Rental Affordability…
A statewide rent control measure targeted for 2020 would likely drive rental units from the market, decrease apartment property values, and possibly diminish annual tax revenues by tens of millions of dollars or more. Those were some of the predictions this week from California’s Legislative Analyst’s Office. The nonpartisan fiscal and…
California’s nonpartisan Legislative Analyst’s Office today released a report predicting that Michael Weinstein’s Rental Affordability Act, or Proposition 10 2.0, would exacerbate the state’s chronic housing shortage by leading rental…