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Supervisor Preston advances amendments to restore rent-stabilization protections for Midtown Park tenants; item continued
Summary
Supervisor Preston introduced an ordinance to restore rent-stabilization protections to long‑term Midtown Park Apartments tenants and circulated substantive amendments that give legacy tenants a choice between a 2014 base-rent rollback or percentage-of-income rent, allow a one-time opt to switch, and remove annual income certification for rent-control option; the committee adopted amendments and continued the item to Oct. 1 after extensive public comment.
Supervisor Dean Preston presented an ordinance aimed at restoring rent-stabilization protections for long‑term tenants at the city‑owned Midtown Park Apartments (Geary and Devisadero). Preston said the property was created in 1967 as replacement housing for families displaced during earlier redevelopment and that many tenants believed they retained rent‑control protections until a 2014 change converted rent calculations to a percentage‑of‑income model, producing sudden rent increases for some long‑term residents.
Prest…
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