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The San Jose City Council this week delayed a decision on tightening its rent control policies, but the issue is coming back in just a few days.
The council decided to take up the stricter rent control proposal again Tuesday, June 23. See this San Jose Mercury News story for more details on the June 16 meeting.
Among the proposed changes:
Reducing the current 8 percent limit on rent increase
Eliminating the debt service pass through
Enacting a just cause eviction law
Mandating rental owners accept Section 8 vouchers
The City Council, which meets at San Jose City Hall, Council… Read More
Tagged: Rent Control Tri-County
The San Jose City Council this week delayed a decision on tightening its rent control policies, but the issue is coming back in just a few days.
The council decided to take up the stricter rent control proposal again Tuesday, June 23. See this San Jose Mercury News story for more details on the June 16 meeting, as well as this CAA article, which helped mobilize rental housing professinals to attend the meeting.
Among the proposed changes:
Reducing the current 8 percent limit on rent increase
Eliminating the debt service pass through
Enacting a just cause eviction law
Mandating rental… Read More
Tagged: Rent Control Tri-County
The San Jose City Council on Tuesday, June 16, will discuss whether to move forward with amendments to the city’s rent control ordinance.
The discussion is set for about 3 p.m. at San Jose City Hall, Council Chambers, 200 E. Santa Clara St.
Among the proposed changes:
Reducing the current 8 percent limit on rent increase
Eliminating the debt service pass through
Enacting a just cause eviction law
Mandating rental owners accept Section 8 vouchers
CAA Tri-County encourages local rental property owners to attend this meeting and speak against this proposal.
A “show of force” in the audience will send … Read More
Tagged: Rent Control Tri-County
Apartment owners and managers can plug in to new research on electric-vehicle charging stations in rental housing communities.
The 40-page Electric Vehicle Charging in Apartment-Based Housing report outlines the challenges and opportunities involved in installing EV stations.
Two consulting companies, EV Charging Pros and LightMoves, prepared the report after gathering information from stakeholders, including members of the California Apartment Association’s Tri-County Division.
Funding for the work, which also includes this PowerPoint presentation (downloadable as a pdf), came from NOVA Workforce, a nonprofit employment and training agency.
Tagged: News Tri-County
Landlords on Wednesday publicly argued against a proposal to expand San Jose’s rent control law.
More than 30 rental property owners objected to City Councilman Raul Peralez’s plan, which would extend the reach of rent control in several ways.
Most alarming, his proposal would limit rent increases to 4 percent annually, half of the current 8 percent cap.
Some said this constraint would make it difficult to cover their own rising expenses. After all, no such caps are being proposed for utility bills, property repairs or city fees.
The owners’ comments came during the City Council’s Rules and Open Government… Read More
Tagged: Rent Control Tri-County
A proposal that would cap rent increases for qualifying seniors in rent controlled communities has a new author in the state Legislature.
Originally, this proposal was the centerpiece of AB 697 by Assemblyman Kansen Chu, D-San Jose. At the request of the California Apartment Association, however, Chu removed all wording from the bill related to rent increase exemptions for seniors. Instead, the bill would now simply provide a tax credit for senior citizens.
The Service Employees International Union, which is behind the proposed cap on rent increases for qualifying seniors, then turned to Assemblywoman Nora Campos to incorporate this plan… Read More
After hearing from about 20 landlords about the pitfalls of rent control, San Mateo County supervisors Tuesday expressed unease regarding the policy.
While reluctant to pursue this approach, supervisors stopped short of scrapping the idea, asking staff to return with more information on how rent control works.
In the meantime, the board will explore more sensible methods to boost housing affordability, including ideas supported by the California Apartment Association.
Related content:
San Mateo County supervisors deal blow to rent control hopes (Daily Democrat)
Rent control enthusiasm low: San Mateo County supervisors support other proposals to address housing crisis (The Daily… Read More
The California Apartment Association will present a pair of economic forecasts in the next week – one in the Silicon Valley, the other in Southern California.
Both events take place Thursday, Jan. 29.
At the Southern California event, Greg Willett of MPF Research will speak at CAA Orange County’s Professional Property Managers’ Forum in In Newport Beach.
Willett, head of the research and analysis team at MPF, tracks and evaluates evaluating trends in multifamily market fundamentals. He is well versed on multifamily market conditions and activity nationally, by metro, and in many individual neighborhoods.
Willett began his tenure in the… Read More
Tagged: Events Orange CountyTri-County
Make sure your company gets the attention it deserves as hundreds of rental housing decision-makers gather for CAA Connect – Northern California Rental Housing Conference & Expo.
This premiere California Apartment Association event returns to the Santa Clara Convention Center on Wednesday, April 8.
Exhibitor booths and sponsorship opportunities are now on sale. Take advantage of this opportunity to put your products in front of the most influential members of the multi-family housing industry.
What you need to know
What: CAA Connect – Northern California Rental Housing Conference & Expo
When: 8 a.m. to 4 p.m., Wednesday, April 8
Where:… Read More
A domestic violence shelter in San Mateo County has undergone a major renovation, thanks largely to Essex Property Trust and the Housing Industry Foundation.