Supporters of a state ballot initiative to expand rent control options for cities across California announced Monday they had gathered enough signatures to qualify the measure for the November 2018 ballot.
If passed, the measure would repeal the 1995 Costa Hawkins Rental Housing Act, which sets limits on the kind of rent control policies cities are able to impose. Right now, 15 California cities have rent control policies. In the LA area, that includes the cities of Los Angeles, West Hollywood, and Santa Monica.
Costa Hawkins is a state law that sets some requirements for the 15 cities in California with rent control—Los Angeles included.
There are three main provisions:
- It protects a landlord’s right to raise the rent to market rate on a unit once a tenant moves out.
- It prevents cities from establishing rent control—or capping rent—on units constructed after February 1995.
- It exempts single-family homes and condos from rent control restrictions.
Read More: https://la.curbed.com/2018/1/12/16883276/rent-control-california-costa-hawkins-explained
