Advisor

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Los Angeles County Limits 2023 Rent Increases to 3% and Restricts Evictions for Non-payment of Rent

This article is authored by Danielle Leidner-Peretz in AAGLA Red Alerts.

 

Maximum Allowable Rent Increases in 2023 are Capped at Just 3% and New Permanent Restrictions on Evictions for Non-payment of Rent Place Further Obstacles On Rental Housing Providers Seeking to Collect Rent Due!

 

November 1, 2022 — At the Los Angeles County Board of Supervisors meeting, the Board approved an ordinance with Supervisor Barger opposing, that includes numerous amendments to the County’s Rent Stabilization Ordinance (RSO), applicable to the County’s unincorporated areas. The ordinance was approved on consent with no Board discussion. As a procedural matter, the ordinance must be voted on a second time prior to adoption.

The action taken by the Board of Supervisors have both short-and long-term adverse implications for rental housing providers. The RSO amendments imposes a temporary, 3% limit on maximum allowable annual rent increases for rent stabilized units during 2023, and also new, permanent restrictions on evictions for non-payment of rent. The RSO amendments also include definitional clarification and substantive amendments related to (i) capital improvement pass-throughs-requiring that housing providers provide renters with the required written notice of an approved pass-through cost “at least thirty (30) days prior to collecting any pass-through cost”, (ii) further limitations on no-fault eviction based on owner-occupancy, and (iii) modifications to some of the relocation fee provisions.

The Association strongly advocated against these detrimental amendments which reflect the Board’s complete disregard of the plight of responsible rental housing providers and will led to greater scarcity of affordable housing in the County’s unincorporated areas as these changes make it nearly impossible for small independent owners to stay in the business of providing rental housing due to the inherent financial risks that are now involved.

We encourage members with properties in Los Angeles County’s unincorporated areas to review the full details of the ordinance and consult with an attorney regarding any related tenancy questions.

To review the full ordinance details, please click the link below:

ORDINANCE

 

Advisors

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

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