12/03/2024 | Press release | Distributed by Public on 12/03/2024 16:07
Rent Ordinance Section 37.3 was amended effective November 24, 2024. Ordinance No. 248-24 changes the new construction date in the Rent Ordinance, but only if Costa-Hawkins is repealed or amended to allow the City to do so. If that occurs in the future, the new construction date will automatically change to reflect the latest date that State law will allow, up to and including June 13, 1994.
Units built between June 14, 1979 and potentially up to and including June 13, 1994 would no longer be exempt based on their date of construction, and would be subject to rent control going forward assuming no other exemption applies. Absent a change to Costa-Hawkins, the new construction date in the Rent Ordinance remains the same. The amendments to Section 37.3 also make non-substantive changes to the Rent Ordinance, to clarify existing law regarding when condominiums are exempt from rent control.