October 13, 2017 -- Tenants and apartment owners wrestled Thursday over the possibility of allowing Santa Monica landlords to raise rents to help pay the cost of mandatory seismic retrofitting, including nearly 1,300 multi-family buildings under rent control.
Each side staked out opposing positions in a public hearing before the City Rent Control Board, which is looking at the impact of the law, adopted in March, that covers almost 2,000 buildings considered at risk of serious damage in the event of an earthquake.
Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/October-2017/10_13_2017_Santa_Monica_Rent_Board_Weighs_Hikes_for_Earthquake_Retrofits.html