30 Nov 2018

Election Results – Housing Related Measures in Santa Cruz and California

Now that the election season has passed and a majority of the votes have been counted, where do we stand with the many local and statewide housing-related ballot measures? Below we’ve summarized both Santa Cruz County and California ballot measures and proposition results, and what each means for our local market.   Note, after November 6th, there is a 30 day “canvasing” period in which vote-by-mail ballots, provisional ballots (including conditional voter registration provisional ballots),

8 Nov 2018

Santa Cruz Rent Control | Measure M | Where Are We Now?

Measure M and Prop 10 Were Rejected (Most Likely)   While we are all eager to hear about the results of the November 2018 elections, thousands of ballots countywide remained uncounted as of Wednesday. According to Santa Cruz County Clerk, Gail Pellerin, finalized results will be announced no later than Dec. 6.   However, early results suggest that both Measure M and Prop 10 were rejected by Santa Cruz City and California citizens respectively. Measure M

9 Oct 2018

Fiscal Impact Report on Measure M

The Santa Cruz City Council commissioned an independent and impartial analysis of the Santa Cruz Rent Control and Tenant Protection Act (The Act) or Measure M. This analysis is limited in scope and only focuses on the financial and administrative impact that the "Rent Board" will have on the City of Santa Cruz should Measure M pass.   If Measure M is voted into law, a City Rent Board comprised of City residents will be created.

3 Oct 2018

Ballot Measure M – The Santa Cruz Rent Control and Tenant Protection Act

The “Santa Cruz Rent Control and Tenant Protection Act”, or Measure M, which proposes to establish long-standing rent control and just cause for eviction regulations will be on the November ballot. You can find the full text of the measure here. If you own or plan to own a rental property in the City of Santa Cruz, please take time to read this ballot initiative carefully. If passed into law, this ordinance may have a significant

10 Sep 2018

New Relocation Assistance Fees if Santa Cruz Rent Control (Measure M) Fails?

If Measure M, the Santa Cruz City Rent Control and Just Cause for Eviction ballot measure does not pass, new relocation assistance laws may still come into affect. Santa Cruz City has drafted an ordinance-amendment, creating a law that will require landlords to pay a relocation assistance fee to displaced tenants and tenants that must move because of "large" rent increases. To read the proposed ordinance amendments (in red), click here and click here for additional information.

7 Aug 2018

Santa Cruz Rent Control and Just Cause For Eviction – The Counter Movement

Now that the Rent Control and Just Cause for Eviction measure is officially on the ballot, the counter movement has begun to gather steam.   Santa Cruz Together, a grass-roots movement to stop the measure from passing, has collected $60,000 from supporters and hopes to raise up to $200,000 to fund their campaign. The California Apartment Association, nation's largest statewide trade group, has also promised to fight the ballot measure and has raised $403,000 thus

15 May 2018

Repealing Costa Hawkins Act?

The Costa Hawkins Act (Costa-Hawkins) allows cities to implement local rent control laws, but within specific parameters: housing constructed after 1995, single-family homes, condominiums, and townhouses are exempt from local rent control regulations. Additionally, Costa-Hawkins allows rental property owners to establish their own rates at the time of a change in tenancy.   A proposed ballot initiative entitled the “Affordable Housing Act for the California November 2018 Ballot” was submitted to the California Attorney General’s

15 May 2018

UPDATE: Enough Signature for the Ballot – Rent Control and Just Cause For Eviction Initiatives

If you’ve been reading our newsletter, you’ve undoubtedly heard about the  rent control and just cause for eviction ballot initiative (Renter Protection Ballot Initiative) which has been circulating through the city. The Movement for Housing Justice has submitted 10,791 signatures to the City of Santa Cruz, well above the required number of signatures needed qualify the initiative for the November polls. The group is now awaiting the results of a 30 day signature validation process.

27 Mar 2018

Proposed Just Cause for Eviction Ballot Initiative Explained

Should disagreements arise, the right to evict is an important component of property rights, giving real estate owners the ability to re-gain possession of their property in difficult situations. There is a new ballot initiative that is circulating throughout the city of Santa Cruz that poses to, in many situations, take away this right. This will increase the risk of renting in the City of Santa Cruz.

20 Feb 2018

Rent Freeze in Effect in Santa Cruz City, Rent Control On the Ballot

On Tuesday, February 13th, the Santa Cruz City Council passed temporary rent freeze and a just cause for eviction ordinances for certain rental properties within the city limits (see exceptions below). This sudden action was in response to community-member complaints that, given the impending threat of a rent-control moratorium (City of Santa Cruz Rent Control and Tenant Protection Act) on the November ballot, landlords have an incentive to raise rents and evict tenants to guard

13 Feb 2018

Rent Control In Santa Cruz – The Counterpoint

  Assemblyman Richard Bloom (D-Santa Monica) proposed legislation on January 11th to repeal Costa-Hawkins, which would have allowed local governments to implement new rent control policies. The bill failed.   But this is not the end of the rent-control battle. The California Local Rent Control Initiative, which would expand local government's authority to adopt rent control and repeal the Costa-Hawkin's Rental Housing Act may be on this year's November ballot. Locally, the Sentinel reports that