Lafayette to discuss proposed rent-increase moratorium
The Lafayette City Council on Monday will discuss a proposed emergency moratorium that would limit rent increases.
Lafayette is pondering such a move after the new owner of an apartment building, faced with costly renovations, imposed major rent hikes.
Residents, confronted with substantial rent increases for the first time in years, complained to the city.
The moratorium could initially last 45 days and then could be extended twice, bringing the maximum possible duration of the emergency measure to two years, according to this memo from the city attorney.
Besides the temporary moratorium, Lafayette is considering whether to pursue permanent rent control in the city.
The council meets at 7 p.m. in the Lafayette Library and Learning Center Community Hall, 3491 Mt. Diablo Blvd.
“If (the council) chooses to move forward, the emergency ordinance could be considered and voted upon on May 26,” City Manager Steven Falk said in an email to the property owner.
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Tagged: Rent Control Contra Costa