City of Sacramento updates local rent cap to match AB 1482
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: News Sacramento Valley
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