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Ordinance#230831Filed
In plain English
This ordinance ensures that tenant-occupied units receiving certain financial assistance remain under rent control as long as current tenants stay, unless they agree to change that in writing. It also restores rent levels for units that lost rent control since 2018 to what they would have been if the Rent Ordinance had always applied.
Ordinance amending the Administrative Code to provide that tenant-occupied units in buildings that will be receiving either low-income housing tax credits or tax-exempt multifamily revenue bonds shall remain subject to the Rent Ordinance, as long as any of the existing tenants continue to reside in the unit, or unless all the tenants in the unit agree otherwise in writing; and for any such units that may have previously become exempt from the Rent Ordinance since 2018, restoring rents to the levels allowed had the Rent Ordinance continuously applied.
How it got here
How they voted
CONTINUED TO CALL OF THE CHAIR
Land Use and Transportation Committee ยท Jul 17, 2023Pass
1-0
Legislative journey
Land Use and Transportation CommitteeJul 17, 2023
โทCONTINUED TO CALL OF THE CHAIRPass
ยทDUPLICATED
Clerk of the BoardSep 6, 2023
ยทFILED PURSUANT TO RULE 3.40