California Legislators Prepare to
Force Rent Control Policies on the
Entire State of California!
On April 25, California Legislators are set to vote some of the most extreme forms of rent controls in the United States! Two destructive housing bills are up for the vote: AB 36 (Bloom) and AB 1482 (Chiu). These bills include:
· Severe rent caps on your properties.
· Applies to ALL rental properties, regardless of type or size.
· Eliminates local government from addressing local housing problems
If passed, no one, including YOU or YOUR local public officials, will have the ability to address rental housing policies in your city or county.
CALL TO ACTION:
1. Call your Assembly Housing and Community Development Committee members (listed below) on or before Wednesday, April 24.
2. When they answer the call:
a. Identify yourself as a member of the Apartment Association, California Southern Cities.
b. State that you live, work, own or manage residential rental property in the City or County of _____________.
c. Ask the Legislator to VOTE NO on AB 36 (Bloom) and AB 1482 (Chiu) because these policies will:
Ř Damage the existing rental housing stock in California,
Ř Impose rent controls on single-family residences, and
Ř Prevent local governments from addressing local housing issues.
d. Thank the Legislator’s staff for taking your call. That’s it!!
If you don’t call, the power brokers in Sacramento will assume that you support, or could at the very least, agree to these industry-damaging ideas.
Please call the following Assembly Democrats that are members of the Assembly Housing and Community Development Committee as soon as possible and ask them to VOTE NO on AB 36 (Bloom) and AB 1482 (Chiu).
ASSEMBLY MEMBERS TO CALL:
Assemblymember David Chiu: (916) 319-2017
Committee Chair and Author of AB 1482
Representing: San Francisco
Assemblymember Sharon Quirk-Silva: (916) 319-2065
Representing: Anaheim, Buena Park,
Cypress, Fullerton, La Palma, and Stanton
Assemblymember Jesse Gabriel: (916) 319-2045
Representing: Los Angeles, Ventura
Assemblymember Todd Gloria: (916) 319-2078
Representing: San Diego
Assemblymember Monique Limón: (916) 319-2037
Representing: San Luis Obispo, Santa
Assemblymember Brian Maienschein: (916) 319-2077
Representing: San Diego
Quick Summary of bills:
AB 36 (Bloom) – Statewide Rent Control
The Bloom bill would aim to repeal parts of the 1995 Costa Hawkins Act which prohibits cities from imposing rent control on single-family homes, condominiums and apartment buildings built after 1995. It would allow rent control on buildings 10 years or older, as well as single-family homes, excluding landlords who may own up to two residential units.
Opponents have argued that rather than address the state’s housing supply crisis, this bill adds to the stock of rent controlled properties. Alongside sending a discouraging signal to investors from California legislators, it may actually make the problem worse.
AB 1482 (Chiu) – Statewide Just Cause for Eviction Policy
This bill establishes a new statewide rent-control policy. Currently the bill has not committed to a percentage for allowable annual rent increases, suggesting a change in this rate for the foreseeable future. For the moment, the consumer price index (CPI) would be used to determine the allowable percentage rent increase allowed. Further, this bill would only apply to units not already covered by local rent control ordinances. The bill’s author, Assemblymember David Chiu, has suggested allowing rent increases of three or four percent annually in the final draft of the bill.
Opponents cite the literature and research demonstrating the deleterious effects of rent control on the local housing markets. Anything from stiflingly investments, discouraging building upgrades and, again, not truly addressing the affordable housing issues for many of California’s residents.
Thank you again for your continued support.
Apartment Association, California Southern Cities
333 W. Broadway, Ste. 101
Long Beach, CA 90802-4438
(562) 426-8341, ext. 302 --71.9.xxx.xx