California lawmakers reconvened yesterday, on August 21st, from their summer recess and began to tackle hundreds of pending housing legislation. Since the beginning of 2017, legislation targeting affordable housing, creating rental controls, and enforcing “just cause” evictions have been the trend. As both the House and the Senate begin to vote on important California housing legislation, now would be a good time to review what’s at stake with a few of these bills.
UPDATE 4/7/17: Legislators have decided to make AB 1506 into a two-year bill, and will be tabled for the rest of 2017. Click here for more information.
A California Assembly Bill was introduced two weeks ago that would repeal the Costa-Hawkins Act. The bill, AB 1506 (BLOOM), would devastate the rental industry by allowing local governments to control your rental rates. Although this bill is in the early stages, we encourage you to call your local Assemblymember and voice your opposition when it is presented on the assembly floor.