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Slew of State Housing Bills Will Make Little Dent in Santa Monica

03/18/2019 12:20 PM | Margaret Fulton (Administrator)

A series of housing bills introduced in the State Assembly Thursday will likely have little impact on Santa Monica's skyrocketing rental market, although one of them could pave the way for a local voter initiative.

Of the four bills, the one introduced by Santa Monica Assemblymember Richard Bloom could go before local voters if it is signed into law by the Governor, as expected.

Unlike Bloom's 2018 housing bill to repeal vacancy decontrol -- which like a similar state voter initiative failed -- the new bill would make "modest reforms" to the 1995 Costa-Hawkins Rental Housing Act, his office said.

Read More:  http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2019/March-2019/03_15_2019_Slew_of_State_Housing_Bills_Will_Make_Little_Dent_in_Santa_Monica.html

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