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Committee advances bill to lower rent cap, expand tenant protections statewide
Summary
The Assembly Housing and Community Development Committee advanced AB 11 57 on a 7-5 vote after hours of testimony from tenants, landlords and housing industry groups. The bill would lower the annual rent increase cap, remove the single-family home exemption and make tenant protections permanent.
The Assembly Housing and Community Development Committee on Thursday advanced AB 11 57, the “Affordable Rent Act,” voting 7-5 to send the bill to the Assembly Judiciary Committee.
AB 11 57 would lower the statewide annual rent-increase cap to “CPI plus 2% or 5%, whichever is lower,” remove the existing exemption that excludes many single-family rental homes from tenant protections, and eliminate the law’s sunset date so the tenant protections would be permanent. Supporters said the changes would stabilize housing costs and reduce displacement; opponents said the measure risks chilling housing production and would harm small landlords.
Sponsor testimony described steep rent increases and a large affected population. “When we first moved into our home, our rent was $14.25 a month. It’s now $27.80. That’s…
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