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A new bill could make it easier (and cheaper) for California pet owners to find rental housing. The California legislature is considering Assembly Bill 2216, which would cease blanket no-pet bans ...
In other words, if say HUD determines that a local area's median income is $25,000, then the HOME funds awarded in that area should only benefit those families with incomes less than, or equal to, 80% of $25,000 (or $20,000). HUD publishes the area median incomes plus the 80% income limits every year in its website.
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
These laws include rights to lease renewal and constraints on annual rent increases, which are recalculated each year. [37] Despite their differences, rent stabilization has become more prevalent than rent control. For example, in New York City in 2021, there were 16,400 rent-controlled apartments compared to 1,048,860 rent-stabilized ...
In his 2024 budget proposal, President Biden requested a $1.1 billion increase in federal funding for HUD programs designed to serve more American households, particularly Black and brown.
The Tenant Protection Act, a state law that went into effect in 2020, limits annual rent increases for tenants who stay in the same unit to the rate of inflation plus 5%, with a hard cap of 10%.
California Assembly Bill 2097 (2022) California Density Bonus Law; California Fair Employment and Housing Act of 1959; California HOME Act; California Housing Accountability Act; California Senate Bill 35 (2017) California Senate Bill 50 (2019) California Senate Bill 684 (2023) California Senate Bill 1534 (1982) Costa–Hawkins Rental Housing Act
Currently, the vouchers distributed through THA — which are based on HUD’s Fair Market Rent (FMR) calculations — are worth an average of nearly $900 a month, Thompson said.