California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
CAA Urges Opposition to Rent Control Measure Pending in Sacramento
The California Apartment Association is enlisting the industry’s help in defeating AB 1157, the Affordable Rent Act introduced by Assemblymember Ash Kalra (D-San José). CAA said the legislation, which is scheduled for debate on April 24, “disregards the clear will of California voters, who have rejected stricter rent control measures at the ballot box on three separate occasions. Propositions 10, 21, and 33 were each defeated by more than 20 percentage points.”
Kalra’s bill would limit annual residential rents to 2% plus inflation, down from the current 5% plus inflation; extend the cap to single-family homes; and make its provisions permanent. In a statement, Kalra said the legislation updates the Tenant Protection Act of 2019. “Existing law is not enough—these are safeguards we must bolster,” he said.
Urging industry members to voice their opposition to AB 1157, CAA said, “Lawmakers should focus on what California needs most: more housing, not more restrictive regulations.”
- ◦Policy/Gov't

