News: Chris Coursey
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The California Apartment Association is reviewing its options after the Santa Rosa City Council on Tuesday ratified a permanent rent control and just-cause-for-eviction ordinance.
The cap on annual rent increases exceeding 3 percent will apply to more than 11,000 apartments built before 1995. Single-family homes, duplexes and triplexes are excluded, regardless of age. The law, formally adopted on a 4-2 vote, takes effect Sept. 30 and extends indefinitely a temporary rent control ordinance in place since May.
The permanent law also rolls back rents to Jan. 1, 2016, levels, a move that CAA contends violates both the state and U.S.… Read More
Despite vigorous opposition from CAA and the Santa Rosa business community, housing providers in the city are facing rent control for the long haul.
After imposing the policy on a temporary basis, the City Council on Tuesday, Aug. 16, voted 4-2 to keep it in place.
In May, the Santa Rosa council approved a moratorium on rent increases over 3 percent on pre-1995 multifamily housing. The council’s vote Tuesday, after a first reading, is positioned to extend the rent cap indefinitely.
Assuming the ordinance is ratified after a second reading Aug. 30, it would take effect Sept. 30.
The ordinance,… Read More