ACTION Apartment Association - Statewide Measure to Repeal Vacancy Decontrol and Expand Rent Control Makes Ballot

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Statewide Measure to Repeal Vacancy Decontrol and Expand Rent Control Makes Ballot

Statewide Measure to Repeal Vacancy Decontrol and Expand Rent Control Makes Ballot

06/15/2018 9:55 AM | Margaret Fulton (Administrator)

June 15, 2018 -- The campaign to repeal California' vacancy decontrol law and allow cities like Santa Monica to expand rent control was certified for the November ballot Friday.

The certification by the California Secretary of State’s office comes two months after sponsors of the Affordable Housing Act submitted 595 signatures, far more than the 365,880 signatures of certified voters needed to make the ballot.

If approved by California voters in November, the Affordable Housing Act will repeal the 1994 Costa-Hawkins Rental Housing Act, which allows landlords to raise the rents to market rates when most rent control units are vacated.

The law also prevents cities and counties from applying rent control to apartments built after 1995 or to single-family rental units and condos.

If approved, the Affordable Housing Act will also allow cities such as Santa Monica -- where voters approved rent control in 1978 -- to expand their law to single family homes and new construction.

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http://smdp.com/calif-rent-control-measure-qualifies-for-november-ballot/166920