Sacramento Mayor Darrell Steinberg has informed the California Apartment Association that he will propose a temporary 5 percent rent cap as part of his strategy to address the city’s affordable housing shortage. Steinberg plans to make his proposal at the Tuesday, Sept. 4, City Council meeting. CAA urges rental owners and property managers to attend this meeting and demonstrate the industry’s opposition to any form of rent control. Members are urged to sign up to speak against the mayor’s proposal during the public comment period. “We attempted to reach an agreement with the mayor on reasonable alternatives to rent control,”… Read More