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Bill to Expand California Rent Control is a Nonstarter
The California Apartment Association (CAA) announced that a legislative proposal to broaden the scope of rent control in California has been halted. SB 466 by Sen. Aisha Wahab (D-Hayward), sought to modify the Costa-Hawkins Rental Housing Act, which sets parameters for the implementation of local rent control ordinances by cities and counties. However, the bill failed to get a legislative hearing before the deadline.
Specifically, the bill aimed to enable local governments to apply rent control to a wider array of housing types, including single-family homes, condominiums and apartments older than 15 years. CAA said it played a pivotal role in stopping the progress of the proposal.
“Despite the cessation of SB 466, challenges to the Costa-Hawkins Act remain at play,” according to CAA. Notably, the “Justice for Renters Act,” an initiative that has qualified for the fall 2024 ballot, seeks to fully repeal Costa-Hawkins. The association urged rental property owners and industry stakeholders to help defeat the initiative.
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- ◦Policy/Gov't




