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Board passes ordinance banning certain landlord pass‑throughs of debt service and acquisition‑related property taxes
Summary
The Board of Supervisors unanimously adopted an ordinance May 22 that prohibits landlords from passing on increases in debt service and acquisition‑related property taxes to existing tenants following a change in ownership.
The San Francisco Board of Supervisors unanimously passed an ordinance May 22 amending the administrative code to bar landlords from seeking rent increases on existing tenants that are based solely on increases in debt service or property taxes that result from a change in ownership.
Sponsor Supervisor Carmen Chu Feuer (transcript spelling: "Feuer") framed the ordinance as closing a loophole that allowed…
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