File #: 15-1215    Version: 1 Name: Adopt An Interim Emergency Ordinance To Temporarily Place A Moratorium On Rent Increases Above The Annual CPI Adjustment
Type: City Resolution Status: In Committee
File created: 6/15/2016 In control: * Special Concurrent Meeting of the Oakland Redevelopment Successor Agency and Community & Economic Development Committee
On agenda: 9/13/2016 Final action: 9/13/2016
Title: Subject: Adopt An Interim Emergency Ordinance To Temporarily Place A Moratorium On Rent Increases Above The Annual CPI Adjustment From: Councilmember Kaplan Recommendation: Adopt An Interim Emergency Ordinance To Continue Temporary Moratorium On Rent Increases Above The Annual CPI Adjustment For Residential Units Regulated By Oakland’s Residential Rent Adjustment Ordinance (Section 8.22.010 Et Seq.) Through December 31, 2016, In Which An Owner Who Desires A Rent Increase in Excess Of The CPI Rent Adjustment Must Petition The Rent Program On The Ground That The Owner Needs a Rent Increase to Provide A Fair Return Based On Maintaining The Property’s Net Operating Income
Sponsors: Rebecca Kaplan

Title

Subject:                                          Adopt An Interim Emergency Ordinance To Temporarily Place A Moratorium On Rent Increases Above The Annual CPI Adjustment

From:                     Councilmember Kaplan

Recommendation: Adopt An Interim Emergency Ordinance To Continue Temporary Moratorium On Rent Increases Above The Annual CPI Adjustment For Residential Units Regulated By Oakland’s Residential Rent Adjustment Ordinance (Section 8.22.010 Et Seq.) Through December 31, 2016, In Which An Owner Who Desires A Rent Increase in Excess Of The CPI Rent Adjustment Must Petition The Rent Program On The Ground That The Owner Needs a Rent Increase to Provide A Fair Return Based On Maintaining The Property’s Net Operating Income