News: CAA
Filter
Some members of the Los Angeles City Council want to impose
a tax on rental housing owners who keep apartments vacant.
If the idea gains traction, the council could put an “empty homes penalty” before voters in November 2020.
Tagged: NewsVacancy Rates Los Angeles
The California Apartment Association is calling on its members to speak out against a package of landlord-tenant proposals that would bring rent and eviction controls to the city of Concord.
CAA asks
that rental housing providers speak out at the Concord City Council meeting on
Wednesday, June 19, and email council members today.
At Wednesday’s meeting, the council will vote on the following:
“Just cause”
eviction ordinance: limits
your ability to regain possession of your property or evict problem tenants.
Tenant relocation
fee: a forced payment to the
tenant of up to three times the market rent if you don’t renew a lease.
Binding arbitration: a mandatory requirement for you to justify rent… Read More
As expected, the Long Beach City Council on Tuesday formalized its approval of an ordinance that will effectively cap rent increases at 10% on the city’s older apartment buildings and limit the ability of landlords to terminate tenancies.
Approval of the second reading came on a 6-3 vote, the same as with last month’s first reading.
Despite opposition from the California Apartment Association, the Inglewood City Council on Tuesday unanimously granted preliminary approval to a permanent rent control ordinance, capping rental increases for most affected apartments at 5% per year.
Tagged: Rent Control Los Angeles
A referendum filed with the support of the California Apartment Association, Contra Costa, will prevent El Cerrito’s “just cause” for eviction ordinance from taking effect next week.
Working with hundreds of local property owners, the business community, real estate leaders and concerned citizens, CAA submitted a petition on behalf of local residents with at least 2,159 signatures to El Cerrito’s city clerk, considerably more than the 1,631 valid voter signatures needed to qualify the referendum.
Tagged: News Contra Costa
Culver City is about to become the latest Southern
California community to weigh rent control policies.
On Monday, June 24, the City Council is scheduled to discuss
a possible
freeze on rent increases.
In preparation, the California Apartment Association and the
Apartment Association of Greater Los Angeles are holding a joint town hall
discussion, Thursday, June 20. Members of both associations are invited to participate
in the gathering, which starts at 6 p.m. at the Culver City
Rotary Plaza.
“Housing providers must come together to get informed and
become organized,” said Fred Sutton, CAA vice president of public affairs. “Learn… Read More
Tagged: Rent Control Los Angeles
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 property owners to remove units from the market.
The proposition is Weinstein’s latest attempt to return
extreme forms of rent control to California through the statewide initiative
process. Weinstein’s previous bid for radical rent control — Proposition 10 —
failed miserably at the polls this past November.
The proposed statewide ballot measure would allow cities and
counties to impose rent control on buildings after they turn 15 years old.
Under… Read More
Matthew Buck
The
California Apartment Association has again expanded its public affairs team in
Los Angeles County, better positioning the association to meet the legislative
and compliance needs of its members.
Matthew Buck, a veteran government affairs advocate at CAA, was tapped this spring to spearhead the association’s public affairs work in Glendale, Pasadena, Alhambra, West Covina and Pomona. Buck previously headed CAA’s government advocacy programs in Orange County and the Inland Empire.
Bringing Buck to L.A. County marks the second time in as many years that CAA has added public affairs resources to the region, which continues to present… Read More
Tagged: News Los Angeles
Gov. Gavin Newsom has extended a prohibition on rent increases over 10 percent for several counties devastated by wildfires over the past few years.
In an executive order, Newsom announced that protections against price gouging of rents and other consumer goods will continue through Dec. 31 of this year for Mendocino, Napa, Santa Barbara, Shasta, and Sonoma counties. Newsom’s order came Friday, May 31, the day the protections had been scheduled to expire. It is intended to help residents still recovering from 2017 and 2018 fires, including the Mendocino Complex, Carr, Tubbs, Nuns, Atlas and Thomas fires.
FOR IMMEDIATE RELEASE Contact Mike Nemeth, communications director, at (916) 449-6426
The California Apartment Association remains steadfastly opposed to AB 1482, the statewide rent control bill, which fails to address the ongoing housing shortage and stands to make the problem worse.
The bill, by Assemblyman David Chiu, D-San
Francisco, passed off the Assembly floor this week and advanced to the state
Senate.
“It
makes no sense to cap rents unless you’re also going to cap all of the operating
expenses that apartment owners incur,” said Tom Bannon, CAA’s chief executive
officer. “And there’s nothing in this bill that encourages one… Read More
Tagged: Press Release