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A task force that’s held a series of meetings on San Jose’s rent control policies will reconvene early this month for collect and provide final comments on the matter.
The Advisory Committee for the Apartment Rent Ordinance will gather from 6 p.m. to 9 p.m. Wednesday, Dec. 7, at City Hall, 200 E. Santa Clara St.
It is important for rental owners to attend this meeting and speak out against just cause eviction and stricter rent controls.
Click here to find out what city staff, committee members and the public said during previous hearings of the advisory committee.
Tagged: Rent Control Tri-County
San Jose’s Rent Control Advisory Committee will meet again Saturday morning to consider a proposal threatening to rental property owners.
Between 10 a.m. and 2 p.m. Oct. 17, the committee will discuss a proposal to reduce the current 8 percent maximum allowable rent increase to as low as 2 percent.
CAA Tri-County is asking rental property owners in San Jose to attend this meeting and speak out against this harmful proposal. It is important that the committee know how these recommendations would impact your rental housing businesses, including their ability to provide quality, safe, and affordable housing.
Moreover, it is… Read More
Tagged: Rent Control Tri-County
CAA Tri-County-endorsed candidate Mahn Nguyen won handily in Tuesday, June 23, special election to fill the District 4 seat on the San Jose City Council.
When Councilman-Elect Nguyen is sworn in on Aug. 4, the City Council will have seven members that CAA Tri-County has supported over the past two cycles: Mayor Sam Liccardo, and council members Chappie Jones (District 1), Mahn Nguyen (District 4), Magdalena Carrasco (District 5), Pierluigi Oliverio (District 6), Rose Herrera (District 8), and Johnny Khamis (District 10). CAA Tri-County hopes this means Mayor Liccardo can continue to pursue policies that will increase economic development throughout… Read More
Tagged: Elections Tri-County
Despite strong opposition from local rental owners led by the California Apartment Association, a divided San Jose City Council voted Tuesday to study a series of possible changes to the city’s rent control ordinance.
In the past month, the City Council heard the emphatic voices of rental owners who attended three public meetings, made phone calls, and sent hundreds of emails opposing changes to the city’s rent control law.
Because of this work, CAA’s Tri-County Division has been able to fight for a fair and deliberative process, not arbitrary changes that lack basis in fact, law or economics. And, CAA… Read More
Tagged: Rent Control Tri-County
On Tuesday, June 23, the San Jose City Council will decide if making amendments to the rent control ordinance should be a priority for the coming fiscal year.
Some of the proposals include:
Reducing the maximum allowable rent increase from 8% to 4%
Enacting a Just Cause Eviction Ordinance
Requiring rental owners to accept Section 8 vouchers
If chosen as a priority, the city will begin the process to amend the rent control ordinance. We need to tell them to look at all solutions to address our housing challenges.
Vice Mayor Rose Herrera and Councilmember Johnny Khamis have proposed the… Read More
Tagged: Rent Control Tri-County
The San Jose City Council this week delayed a decision on tightening its rent control policies, but the issue is coming back in just a few days.
The council decided to take up the stricter rent control proposal again Tuesday, June 23. See this San Jose Mercury News story for more details on the June 16 meeting, as well as this CAA article, which helped mobilize rental housing professinals to attend the meeting.
Among the proposed changes:
Reducing the current 8 percent limit on rent increase
Eliminating the debt service pass through
Enacting a just cause eviction law
Mandating rental… Read More
Tagged: Rent Control Tri-County
Rents are rising at a slower pace in the Bay Area as more people make the leap into homeownership and new rental housing enters the market, says Joshua Howard of the California Apartment Association.
“Still, quite frankly, we don’t have enough rental housing in Silicon Valley to meet the demand,” said Howard, executive director of CAA’s Tri-County Division, in an interview with the San Jose Mercury News.
He also pointed to reductions in rent subsidies and the loss of redevelopment agencies for the slowing of rent increases. According to the Mercury News article, Bay Area rent prices rose in the… Read More
Tagged: Rental Prices Rent Increases Tri-County
Landlords, cross your fingers that job growth will keep fueling demand for apartments, especially in San Jose, where rent prices jumped 6.7 percent in the second quarter.
That $134 rent spike followed a surge in San Jose’s workforce. Last year, the city added 34,200 jobs, with an estimated 27,500 more on the way, reports RealFacts, citing a study by Marcus & Millichap.
Read this RealFacts article for the national perspective on rent growth, plus predictions on whether rent prices will continue climbing as more apartments come on line.
In a first for California, construction of multifamily housing units last year exceeded that of single-family homes.
Local jurisdictions reported 23,801 multifamily housing units built in 2012, compared with 20,883 for the single-family variety, according to a news release from the state Department of Finance.
The state grew last year by 0.8 percent, bringing California’s population to nearly 38 million.
Each of California’s 10 biggest cities saw a population bump, with San Jose growing at the fastest clip — 1.5 percent.
Related coverage
CA population grows to 37.9 million (San Francisco Chronicle)
California’s population nears 38 million (Pasadena Star-News)
California… Read More
Tagged: GrowthIn the newsTrends