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April 17, 2020 Comments Off on CAA Urges Action to Halt New COVID-19 Legislation that Would Punish MF Owners Views: 1385 California News, Top California

CAA Urges Action to Halt New COVID-19 Legislation that Would Punish MF Owners

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A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25% and subsidize the rents of tenants. According to the California Apartment Association, the AB 828 legislation by Assemblyman Phil Ting, ignores the robust rent and eviction controls already in place across California.

Further, the trade organization says the bill provides no assurances that landlords can collect rent, remove problem tenants, or get a fair hearing in the court system.

CAA writes, “AB 828 is an unfair attempt to allow the government and the courts to give reduced rent and extended tenancies to all renters even if they do not face economic hardships, and it provides no safeguards or protections for landlords.”

Read more at CAA Action Center

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