The City Council adopted an ordinance Tuesday requiring landlords to pay relocation assistance to tenants in Los Angeles who move out following certain rent increases.
The ordinance -- which the council preliminarily approved last week -- is the final part of a package of tenant protections the council sought to implement after it voted to end the local state of emergency due toat the end of January. The ordinance contains an urgency clause, but will not move forward immediately because two council members -- John Lee and Traci Park -- dissented in the 10-2 vote.
Under the city ordinance, if a landlord increases rent by more than 10% or the Consumer Price Index plus 5%, the landlord must pay the tenant three times the fair market rent for relocation assistance, plus $1,411 in moving costs.According to the city's housing department, fair market rent for a one-bedroom apartment in Los Angeles is $1,747 and $2,222 for a two-bedroom.
"We need to be doing everything we can to incentivize the creation of more affordable housing in the city," Lee said. "We need to be finding ways to keep small mom-and-pop landlords in this city. But instead we keep going for policies that place a huge financial burden on housing providers, making it harder and harder to operate in the city of Los Angeles."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Austin City Council to evaluate employment of City Manager Cronk in wake of ice stormAustin City Council will take up an emergency agenda item this Thursday to evaluate the employment of Austin City Manager Spencer Cronk in the wake of the ice storm that left nearly 200,000 people without power.
Read more »
Austin City Council to ‘evaluate the employment’ of city managerAustin Mayor Kirk Watson announced he has added an emergency item to Thursday’s City Council agenda to evaluate Austin City Manager Spencer Cronk’s employment.
Read more »
Austin City Council will consider firing City Manager Spencer Cronk after storm responseAccording to the city charter, Austin City Council can fire a city manager with a majority vote; for a council of 11 members, that equates to six members.
Read more »
City-County Council approves $18.8M for Gold Building, City Market redevelopmentThe City-County Council approved $18.8 million for the redevelopment of two downtown office buildings and City Market East in a Monday meeting.
Read more »
Frisco Council, Planning Commission to Talk Proposed Theme Park TuesdayPublic input is encouraged on proposed Universal Studios Frisco theme park and resort that is slated for completion by 2026.
Read more »
City-County Council to consider former IPS leader Dr. Eugene White for library boardDr. Eugene White is a former IPS superintendent and former president of Martin University.
Read more »