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A bill working its way through the state Assembly would reform a century-old California law that requires an apartment manager or other key employee to live at rental properties with 16 units or more.
Under current law, this employee can be a manager, janitor, housekeeper or other responsible person. The requirement traces back to the early 1900s, before the advent of 911 emergency services and cell phones.
Tagged: Legislation
As early as May, the Concord City Council could vote to adopt a rent-mediation program for rent increases over 10 percent.
Tagged: Rent Control Contra Costa
For the third consecutive year, bills have surfaced to modify California’s Ellis Act, the 1985 law that protects a property owner’s right to leave the rental housing business, an important safety valve for property owners in rent controlled jurisdictions.
One of the proposals, AB 982, would expand the number of tenants who are entitled to …
Tagged: Ellis ActLegislationRent Control
Despite strong opposition from the California Apartment Association, the Beverly Hills City Council has tightened its rent control policies with a lower cap on annual rent increases and other draconian measures.
Tagged: Rent Control Los Angeles
Members of the California Apartment Association from throughout the state converged on Sacramento on Wednesday to learn about this year’s rental housing-related legislation and engage in a series of face-to-face meetings with lawmakers.
CAA’s Legislative Conference began at the Sacramento Convention Center, where the association’s public affairs team reviewed key bills for 2017, including CAA’s own solutions to help solve California’s ongoing housing crisis. By increasing the state’s housing stock, CAA’s housing-production bills would help workers and their families live closer to jobs and schools. With more housing on the market, economic forces would help moderate rent prices and… Read More
Beginning next year, rental property owners in unincorporated areas of Santa Clara County will be required to accept Section 8 housing vouchers. The requirement comes under an ordinance passed by the county Board of Supervisors requiring that all people with the ability to pay for a given housing unit be considered for that unit, including those who would pay rent using Section 8 housing vouchers.
The California Apartment Association argued that a mandated approach was the wrong one and that it is Section 8’s structural problems that dissuade many property owners from participating.
Tagged: Section 8 Tri-County
Renters should not have to worry about their landlords turning them over to immigration officials.
That’s a key thrust behind Assembly Bill 291. The bill was introduced last week by Assemblymembers David Chiu, Rob Bonta and Lorena Gonzlalez Flether, as well as several co-authors.
Tagged: ImmigrationLegislation
If you need to seismically retrofit your apartment building, chances are good you’ll need to borrow money to do so. But what if you’re having trouble getting approved for a loan?
That’s where the new California Seismic Safety Capital Access Loan Program comes in.
The program itself doesn’t loan money, but it lessens the financial risk for participating banks, making them more likely to offer loans to small-business owners, like mom-and-pop landlords.
The state’s Pollution Control Financing Authority received $10 million from the Legislature last year to administer the program, which went live last month. Representatives are seeking banks to… Read More
Tagged: Seismic Retrofitting
Concord’s Housing and Economic Development Committee on Monday recommended adoption of a rent-mediation program.
The committee recommends that such a program address disputes over rent increases of 10 percent or more in months.
Tagged: MediationRent Control Contra Costa
Before a sold-out crowd Thursday, renowned economist Christopher Thornberg delved into the state of California’s rental housing market, including its present cooldown following several years of robust growth.
Thornberg, founding partner of Beacon Economics, said growth has slowed as more housing supply has entered the pipeline. He offered his comments while kicking off the California Apartment Association’s Tri-County Outlook 2017 at Mountain View’s Computer History Museum. His talk also included an overview of the national election, its implications for the rental housing industry, and how proposed changes to the Affordable Care Act may affect renters.
Tagged: EconomyEvents Tri-County