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PowerPoint 3A Presentation 2015 0420 Rent Review Program
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PowerPoint 3A Presentation 2015 0420 Rent Review Program
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6/15/2015 12:04:30 PM
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CM City Clerk-City Council - Document Type
Staff Report
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4/20/2015
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3A Presentation 2015 0420
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Rent Review Board: How It Works <br />To be eligible for a hearing, rent increase must <br />1)exceed $75, <br />2)exceed 10% of current rent, or <br />3)occur twice within 12 months <br />Both tenant and landlord present their cases to the RRB, which uses <br />a wide range of criteria to evaluate, such as economic hardship, <br />prior rent increases, mortgage and operations/maintenance costs, <br />and reasonable rate of return <br />Hearing may be continued for up to one month or request City <br />Council review the dispute <br />Staff provides an annual report to the RRB and City Council on <br />current rental and RRB trends and to assess program effectiveness <br />
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