Council Also Approves Measure To Cap The General Adjustment At 3% On November Ballot

On August 23, The Santa Monica City Council approved an emergency ordinance allowing a temporary eviction moratorium to take effect immediately for rents due September 1, 2022, for residential tenants in rent-controlled units. The press release from the Santa Monica City Government said, “The moratorium is a measure to safeguard Santa Monica residents who may be unable to afford potential rent increases of up to 6% due to an increase in the maximum allowable rent (MAR) for rent-controlled housing.”

This eviction moratorium narrowly applies to tenants in rent-controlled housing who face eviction for nonpayment of rent due to COVID-19-related financial distress between September 1, 2022, and January 31, 2023. The eviction protection applies to those tenants whose rent will be increased by more than 3% starting in September 2022. The moratorium will not apply to an owner who agrees not to collect rent increases over 3% for the September rent.   

Read More: https://smmirror.com/2022/09/santa-monica-city-council-approves-emergency-eviction-moratorium/