Help Stop Rent control Initiative - CalRHA Fact Sheet
A new rent control initiative will be on the November 2024 ballot.
WHAT IT DOES
- Will prohibit rent increases upon vacancy (also known as vacancy de-control) by eliminating the owner's ability to charge the market rate when a tenant vacates the unit.
- Imposes rent control on all properties including single-family homes by
eliminating AB 1482 protections.
WHY IT MATTERS
- Your rental income and property value will decline.
- If you are renting your units below market, you may never catch up because the initiative allows local jurisdictions to "cap" how much you may increase rent following a vacancy.
- Rent "caps" would apply to single-family homes and condominiums.
To stop this so-called "Justice for Renters" initiative in 2024, CalRHA and its affiliates are asking for your support and contribution to fight this third attempt by the same anti-housing activists behind Propositions 10 and 21 from 2018 and 2020. CalRHA and its regional associations collectively need to raise a minimum $5 million dollars, so we're all in this together.
All funds raised will go toward the initiative fight. To make a contribution, please click here. Thank you for your generosity.
$5 MILLION TARGET
The last rent control fight cost the broader housing industry $80 million dollars. This next fight will cost even more.
DEDICATED FUNDS
Funds will be deposited into a dedicated account specifically for fighting the initiative.
SUCCESS TOGETHER
We defeated both the 2018 and 2020 rent control initiatives. With your support. We can do it again.
Download the CalRHA Fact Sheet to share with your colleagues.