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Several months into the pandemic, COVID-19 has spawned 40 million cases across the globe and caused one million deaths. In the U.S. alone, a quarter-million coronavirus fatalities are expected by year’s end.
Also in the U.S., gross domestic product sank 11% from the fourth quarter to the second quarter — the biggest drop in economic activity ever seen in the United States. At one point, the unemployment rate approached 15%.
Renowned economist Christopher Thornberg reviewed these “eye-popping” numbers Wednesday during the California Apartment Association’s Orange County Outlook 2020 virtual event.
The Sacramento Bee this weekend urged voters to reject Measure C, the local rent control measure on the city of Sacramento’s Nov. 3 ballot.
The newspaper notes that Measure C should not even be appearing before city voters.
Last year, rent control proponents promised to withdraw their measure from the ballot if the city Council were to adopt is own rent control ordinance. But when the city did just that in summer 2019, only two of the three proponents kept their commitment and submitted withdrawal letters; a third, Michelle Pariset of Public Advocates, did not, leaving the rent control initiative in… Read More
The California Apartment Association has published an Industry Insights paper with answers to some of the most frequently asked questions on the COVID-19 Tenant Relief Act of 2020.
On Aug. 31, the state Legislature and governor approved AB 3088, immediately implementing the COVID-19 Tenant Relief Act, or CTRA. The urgency measure established sweeping protections against eviction for tenants financially impacted by the COVID-19 pandemic and has spurred numerous questions from rental property owners throughout California.
Here are just a few of the roughly 40 questions answered in the FAQ:
My rental property is a single-family home. Is it exempt from… Read More
Although Culver City approved a rent control ordinance this week, it won’t be quite as stringent as first proposed.
The City Council voted 4 to 1 Monday to approve the ordinance on a first reading. The council is expected to formalize its approval of the ordinance with a second reading Sept. 28, making Culver City one of roughly 20 jurisdictions in California with long-term local rent control laws. Click for chart.
CAA also is reviewing a citizens’ ballot measure appearing before voters this November, Measure B, that would require voter approval of rent control.
Tagged: Rent Control Los Angeles
Gov. Gavin Newsom today said the national eviction moratorium announced this week by the U.S. Centers for Disease Control will not apply in California because the Golden State already has stronger eviction protections in place.
The CDC is exempting locations with “the same or greater level of public-health protection than the requirements listed in this Order.”
“Our protections are not impacted by those federal rules and regulations,” Newsom said during a press conference today. “Our protections go a little farther than the federal government. There is no income cap as the federal government currently has.
“Again, ours go through Feb. 1 of next year. They don’t expire at the… Read More
The California Apartment Association has negotiated a less-burdensome alternative to Assemblyman David Chiu’s AB 1436.
The new bill is AB 3088, dubbed the COVID-19 Tenant Relief Act of 2020, and will be in print this afternoon.
Over the past week, CAA engaged in around-the-clock negotiations with the governor’s office and leaders in the Senate and Assembly on the new legislation.
The new proposal would allow landlords to evict tenants who cause problems at the property, such as by causing nuisances or threatening their neighbors. It also would allow owners to terminate the tenancies of renters who have the wherewithal to pay rent but refuse to do so. The bill would offer eviction protections… Read More
The California Apartment Association has spent the past week helping negotiate the details of the COVID-19 Tenant Relief Act of 2020.
Negotiations are continuing on the bill, which is expected to be unveiled in the state Legislature by tomorrow morning.
The legislation is intended as an alternative to AB 1436, the “free rent” bill by Assemblyman David Chiu, D-San Francisco.
“We’ve been working around the clock with lawmakers and the governor’s office to make sure the legislation is fair and balanced,” said Debra Carlton, executive vice president of state public affairs. “Our goal has been to provide both help for… Read More
Tagged: COVID-19EvictionsLegislation
After hearing from CAA, Los Angeles County supervisors this week agreed to do more research before deciding whether to force its strict eviction control policies on all 88 cities within its boundaries.
Supervisors had been scheduled to vote on the matter Tuesday but opted to delay the matter for two weeks.
Tagged: COVID-19Evictions Los Angeles