Rental Market California
California apartment rents fall in most cities statewide
Rents across California have been falling over the last 90 days but the big question is if this is a trend that’s going to last, and for how long? In this article, we will answer this question and offer you insight into what’s really happening with California’s rental market. Rent Falls In 44 California Cities…
Read MoreNewsom Proposes Billions More For Rent Relief
Gov. Gavin Newsom’s updated budget plan projects a record $97.5 billion surplus, and on Friday he said he wants to put a chunk of that windfall toward rent relief. California has already directed more than $5 billion in federalfunding toward paying off debts accrued by low-income renters during the pandemic. Now, Newsom’s budget proposes another $2.7 billion in…
Read MoreHow much is rent relief helping Californians?
When Blanca Esthela Trejo, 46, lies down to sleep, what feels like shards of glass stab her back and cut into her lungs — a lingering effect of COVID-19. “I’d like to be crouched down, hunched over all the time, because the pain is too much,” she said. But Trejo is foregoing medical treatment because…
Read MoreCalifornia rental assistance program extended thru June
With the California Senate’s signing of SB91, protections for renters and landlords will be extended through at least June of this year. SB91 was signed into law on January 29 and it extends evection protections for tenants who have been impacted by COVID-19 that were established in the Emergency Rental Assistance Program. Primary to the…
Read MoreCalifornia Lawmakers Call For Massive Rent Relief Bill
The best hope for swift pandemic aid to struggling California tenants and landlords might come from Georgia. State lawmakers from California and three other western states this week are urging their congressional delegations to step up with $100 billion for rent relief — an achievable goal, they believe, if Democrats win two seats in U.S.…
Read MoreAB 2406 – California Rental Registry Bill Is Defeated
California landlords received good news last week when the California Apartment Association (CAA) revealed that they were successful in defeating AB 2406, stopping it from becoming law. If passed, this bill would have set the wheels in motion to create a statewide rental registry, and worse yet, it would also have targeted landlords who received…
Read MoreState-Level Rent Relief Update
As state and local governments act to address the economic fallout of the COVID-19 pandemic, relief for renters impacted by the coronavirus has come from both state and local policymakers. In previous posts, we covered San Francisco’s and San Diego’s efforts to temporarily ban evicting residential and commercial tenants impacted by COVID-19. In this post, we explain…
Read MoreCan’t pay your California rent due to COVID-19? Here’s what you need to know
SACRAMENTO, Calif. — California renters are urged to act fast if they won’t be able to pay their full rent payment due to the novel coronavirus outbreak, the attorney general’s office said Monday. A deadline to notify landlords about rent payments – for many renters – is Tuesday. Advertisement “The statewide stay-at-home order and critical…
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