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Legislation unveiled in the California Senate this week would create a voluntary tax credit program to help landlords recoup rent that’s gone unpaid during the COVID-19 crisis.
To qualify for the credits, a rental owner would need to sign an agreement, pledging to defer rent that’s gone unpaid due to the coronavirus and not to evict the tenant for nonpayment. The tenant also would need to sign the pact.
Tagged: COVID-19Legislation
Over objections from CAA, the city of Los Angeles is rushing to place a “vacancy tax” measure on the November ballot that could create steep tax penalties for landlords with unoccupied units.
The Los Angeles City Council on Tuesday unanimously directed staff lawyers to draft the proposal, which is being modeled after ordinances in Oakland and Vancouver, Canada. On Tuesday, the council is expected to decide whether to place the measure on the ballot — a move that would cost the city at least $12 million.
Tagged: NewsTaxesVacancy Rates Los Angeles
A bill that would have allowed tenants to pay their security deposit over six months died on the Assembly floor this week.
To move forward this year, AB 3260 by Assemblywoman Buffy Wicks, D-Oakland, needed to win approval this week on the Assembly floor. At the urging of the California Apartment Association, lawmakers declined to take up the bill for a vote.
Tagged: LegislationSecurity Deposits
A campaign committee created by the California Apartment Association today unveiled a website to help defeat a radical rent control measure headed for November’s statewide ballot.
The website, Caforresponsiblehousing.org, explains why the extreme rent control measure, nicknamed Prop 10 2.0, is bad for California. It also offers a form that rental property owners can fill out to join the opposition.
“There are no protections for renters, seniors, veterans or the disabled, and it has no provision to reduce rents,” says the website, which comes from Californians for Responsible Housing. “For Californians losing jobs and both renters and homeowners who are… Read More
Tagged: ElectionsRent Control
The Culver City Council on Thursday took further steps to implement a permanent and strict rent control program.
Despite large opposition and calls for shared solutions, the council decided to proceed with negative price and eviction controls.
Tagged: News Los Angeles
The California Apartment Association is urging lawmakers to reject a bill that would prohibit landlords from demanding that tenants provide their security deposit in a single, upfront payment.
The proposal, AB 3260 by Assemblywoman Buffy Wicks, D-Oakland, is now on the Assembly floor, having passed out of the Judiciary Committee last month.
Tagged: LegislationSecurity Deposits
The California Apartment Association has filed letters urging a state appellate court to accept two cases that directly challenge the Judicial Council’s rules prohibiting nearly all evictions.
Both cases involve tenants who did not pay rent well before the COVID-19 pandemic.
Have your tenants been paying their rent during the COVID-19 crisis?
The California Apartment Association would like to know.
Tagged: News
A bill introduced in the California Legislature this week would force landlords to defer rents for possibly years on end for tenants who’ve been unable — or unwilling — to pay for housing during the COVID-19 pandemic.
Assemlyman David Chiu
The rent-deferral period under AB 1436 by Assemblyman David Chiu, D-San Francisco, would last until 15 months after a state or local state of emergency is lifted.
“We know that in many cases local governments don’t lift their emergency orders for years,” said Debra Carlton, the California Apartment Association’s executive vice president for state public affairs. “That means an owner… Read More
Tagged: News
The Judicial Council of California on Wednesday suspended its vote whether to reopen the courts and start processing unlawful-detainer actions again this summer.
The California court system announced earlier this week that the council would decide today whether to let its emergency rule on evictions expire Aug. 3.
The council’s rule, made during an emergency meeting in April, brought to a halt nearly all eviction actions in the state. The rule was in response to the financial hardships that many tenants faced due to the COVID-19 crisis.
Now that California is beginning to reopen, the Judicial Council decided to weigh… Read More
Tagged: News