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For the first
time in a decade, the city of Los Angeles plans to bump up its annual cap on
rent increases for rent controlled housing.
During a
12-month period beginning in July, landlords with rent controlled units will be
able to raise rents by up to 4 percent. The city has allowed rent increases on
rent controlled housing just three times since 1993, the last time being in
2009, Curbed
Los Angeles reported.
For more
information, see this flier
from the L.A. Housing and Community Investment Department.
Tagged: News Los Angeles
As you consider prospective renters in 2019, remember that your applicant screening fee can only cover the expenses you incur in the process.
Tagged: News
The Menlo Park City Council on Tuesday offered a mixed response to a potential tenant-relocation policy that includes a form of rent control and directed staff to return with two alternative versions of the proposal.
The council took these steps during a study session on the potential ordinance that included nearly two hours of public testimony coming mainly from of concerned rental housing owners, many wearing yellow badges that said “Responsible Housing Providers.”
Under the Housing Commission’s proposal, relocation fees would be triggered when rent increases over 5 percent plus CPI prompt qualifying renters to move. The resulting penalty would… Read More
Although President Trump announced that the partial U.S. government shutdown would temporarily end, its impact is still being felt by both renters and landlords.
Trump’s announcement Friday came on the 35th day of the government closure, which has left 800,000 federal employees without a paycheck, and many having a difficult time paying rent.
The president said the government would reopen for three weeks while negotiations for border security continue.
“I will make sure that all employees receive their back pay very quickly or as soon as possible,” he said, as reported by the New York Times. “It will happen fast.”… Read More
Tagged: Section 8
As the partial U.S. government shutdown lingers, the impact on both renters and landlords continues to grow.
At this point, eight-hundred-thousand federal employees have gone several weeks without a paycheck, and many will have an increasingly difficult time paying rent.
“Like Americans in the private sector, many federal employees rely on each and every paycheck to cover critical expenses, including housing,” Zillow senior economist Aaron Terrazas says in this news release.
While pay for federal employees is already frozen, dollars for Section 8 housing choice vouchers could dry up by March should the stalemate continue.
Under these scenarios — and… Read More
Tagged: News
To help rental housing professionals prepare for the new year, the California Apartment Association has updated all its rental forms and instruction sheets. The association also has published a pair of new forms for members to use in 2019.
CAA’s Compliance Committee made these changes based on new laws, member requests and questions submitted through CAA’s Landlord Helpline.
All new and revised forms are accessible through our rental forms page.
Here is a list of the forms with major revisions, as well as the newly published forms:
Forms 2.0/2.1: Rental/Lease Agreement (Updated): This form was revised to allow third-party rent… Read More
Tagged: ComplianceForms
The Citrus Heights City Council has approved an ordinance establishing a new rental housing inspection program to preserve the aging supply of housing in the city and ensure that owners properly maintain their properties.
The California Apartment Association successfully negotiated several changes to the initial proposal resulting in lower fees and the opportunity for self-certification.
Citrus Heights has over 15,000 rental units, with 90 percent built prior to 1990. In a report to the council, city staff expressed concern that the rapid building of housing in the 1970s and 1980s resulted in a lack of quality control and the use… Read More
Tagged: Inspections Sacramento Valley
If your company is helping victims of California’s wildfires, we’d like to hear about it.
As you know, recent wildfires, including the most destructive wildfire in state history, have consumed thousands of California homes, displaced scores of families, and created a massive need for housing assistance and other help.
As members of the rental housing industry aid in the recovery effort, we’d like to highlight that assistance on our website. Our hope is to create a one-stop resource page where fire victims, including displaced renters, can find the help they need.
Types of assistance might include:
Offering short-term leases
Waiving… Read More
After resoundingly rejecting rent control and just-cause eviction proposals in October 2017, the city of Palo Alto early Tuesday morning adopted a relocation-assistance emergency ordinance for no-fault evictions.
Since the ordinance was adopted as an emergency, it took effect immediately following the City Council’s vote. The new law only applies to rental properties with 50 or more units.
Under the new law, affected property owners can continue to remove tenants without cause. However, a relocation payment to the household of up to $20,000 will be required if the household makes up to 100 percent of the area median income, or… Read More
The California Apartment Association is mobilizing members to help stop a temporary rent control ordinance planned for unincorporated areas of Los Angeles County.
Los Angeles County Supervisors Sheila Kuehl and Hilda L. Solis are trying to cap rent increases at 3 percent. If the board greenlights their proposal Tuesday, July 31, county staff will return in 60 days with the rent moratorium ordinance for board consideration. If the 3 percent rent cap is ultimately adopted, it would apply for six months but could be extended by the board.
County officials have not discussed this proposal with the rental housing industry… Read More
Tagged: News Los AngelesLong Beach