Property Management News
Read the full White House Press Release Here. The White House announced Wednesday it is taking strategic steps to protect renters, including setting up limits on egregious rate hikes. Critics, however, have called out the Biden administration's one-size-fits-all program that makes changes for renters at the expense of landlords. "We've seen it for so many years, and it's very frustrating," American Apartment Owners Association director Alexandra Alvarado said during Grady Trimble's report on "The Big Money Show" Wednesday. "[Mom-and-pop landlords] are not being treated differently, even though it affects them much more than it would affect... Read more
The L.A. City Council voted Friday to vastly expand tenant rights by approving a package of new protections meant to keep renters housed after pandemic-era...
In 2022, local and state legislatures across the country raised the issue of rent control to address the high cost of living and the ongoing affordable housing crisis....
A topic for many Department of Housing and Urban Development (HUD) multifamily owners has been the need for more flexibility in declaring and handling profits—also...
The Fair Housing Act makes it illegal for landlords to discriminate against tenants or prospective renters based on their ancestry. (The FHA specifies that...
In early December, L.A. became the 69th and largest city in the state to require all new buildings to be all-electric. That’ll be the law of the land for new construction come end of January, according to the ordinance (there are exceptions for emergency equipment and commercial cooking). From their materials to gas hookups, existing buildings make up more than 40% of L.A.’s greenhouse gas emissions. That’s why the city wants to make sure new buildings don’t add to that footprint. “If we want to reach our goals around climate change, we're going to really have to look critically at how we can reduce the emissions being produced by buildings,” said Ben Stapleton,... Read more
L.A. County will extend its eviction protections for tenants affected by the COVID-19 pandemic by one month, following a vote Tuesday by the County’s Board of...
The owners of a building in Santa Monica had raised rent from $865 to $3000 in two months The owners of a Santa Monica apartment building, who are facing criminal...
One-size-fits-all policies aren’t going to help, says NMHC. There’s a clear housing affordability crisis in the US, with the most recent data point coming from the...
The state of California will be sealing the criminal records of select former offenders if a certain criterion is met, according to a bill signed by Gov. Newsom on...