How Salinas’ rent stabilization rule limits increases

A City of Salinas housing division staff member described the eligibility and limits under the city's rent stabilization ordinance. The presenter said the rule generally applies to properties with two or more units built before Feb. 1, 1995, and noted that some deed-restricted affordable housing may already carry other affordability restrictions. "This yearly limit is 2.75% or 75% of the change in CPI," the presenter said, adding that landlords must use whichever limit is lower.