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Committee adds 4.7% CPI adjustment to pending CSFRA utility calculations
Summary
Mountain View’s Rental Housing Committee unanimously adopted an amendment to CSFRA Chapter 13 to add a 4.7% CPI increase (June 2023–June 2025) into the one‑time utility adjustment calculation for petitions that remain pending; finalized petitions and tenant notices will not change.
The Rental Housing Committee on Dec. 18 adopted an amendment to Chapter 13 of the Community Stabilization and Fair Rent Act (CSFRA) regulations to modify step 8 of the one‑time utility adjustment calculation by incorporating a 4.7% CPI increase covering June 2023 to June 2025.
Staff said the amendment is necessary…
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