From California to Indiana, new employment legislation has passed and is pending. Within the past few months San Francisco has enacted a ban on asking a job applicant what their salary history is, while it is likely that the state of Oregon will soon be reducing the penalties for the possession of drugs like heroin, cocaine and meth. Ultimately, you’re going to want to keep your eyes peeled on these new employment laws.
Tomorrow, on July 27th, several tenants’ rights groups within California will be staging a statewide renters’ protest. According to the organization, Tenant’s Together, hundreds of protesters in several cities will be storming multiple property management offices, owner’s offices, and possibly associations to demand a rent freeze and urge the repeal of the Costa Hawkins act.
Within this past year, legislation targeting eviction measures and rent control has popped up in numerous states (only to be quickly shot down). Despite the unsuccessful efforts of similar bills, the city of Los Angeles is toying with the idea of proposing “just cause” eviction measures and rent control legislation.
If you’ve been concerned about the national upswing of rent control bills or “Ban-the-Box” legislation within the past year, getting involved with multifamily legislation might just be your best bet. Not only can you stay up-to-date on what’s going on within the industry, but you can take the opportunity to contact your legislators to protect your real estate investment from potentially long-term adverse bills. Not sure where to start? Here are a few resources that can help.
As you well know, the need for affordable housing in the state of California is severe. In fact, according to the National Low Income Housing Coalition’s 2017 study, a California household must earn $30.92 per hour (working 40 hours a week) to afford a 2-bedroom home without paying more than 30% of their income. Just last year California’s 2-bedroom affordability was at $28.59 per hour. While the affordable housing crisis isn’t anything new, two new bills aimed at housing development and affordability has made its way up the ranks.
As of June 9th, 2017, Washington property owners and property management companies that rely on tenant screening to vet their rental applicants will need to adhere to a new law. Passed on March 29th, Washington’s SB 6413 makes it the property owner’s (or property management company’s) responsibility to provide notice before performing tenant screening on an applicant. Although the bill makes it clear what language the notice needs to have, alongside other regulations, the application of this bill has been up to debate.
The Residential Landlord-Tenant Act (RLTA) already requires property owners to notify the applicant in writing:
As you might be hustling to get summer property maintenance done or preparing to attend the NAA Conference, state legislatures have been just as busy. With promising and threatening bills coming out of California, Arizona, Washington, and Oregon, make sure to take a moment to read over these recently passed and pending legislative bills.