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UID:Indybay-18841725
SEQUENCE:19000019
CREATED:20210419T003800Z
DESCRIPTION:Alameda Renters Coalition needs help from social and housing justice allies 
 to fight against this plan to change the CIP formula. It will lead to many 
 evictions of renters who have already suffered through the Covid19 Pandemic 
 Shelter-In-Place. \n\nThis benefits the largest corporate 
 landlords.\n\nCity Council will consider revisions to the current rent 
 control law that allow for a new Capital Improvement Plan (CIP).  ARC has 
 been fighting this plan since it was brought to our attention back in the 
 summer of 2020. We have had numerous meeting with city staff, city 
 councilmembers, and even realtor representatives, but the plan 
 persists.\n\nThe proposed Capital Improvement Plan (CIP) plan will allow a 
 landlord to pass-through 100% of the cost of a capital improvement (repair 
 or replacement) that cost at least $25,000,or $2,500 for one unit, TO THE 
 TENANT in addition to the annual allowed rent increase. The proposal would 
 cap the pass-through at 5% per year and allow it to be amortized over at 
 least 15 years and maybe more.\n 
 https://www.indybay.org/newsitems/2021/04/18/18841725.php
SUMMARY:Fight to Protect Rent Control in Alameda
LOCATION:Virtual - Alameda, CA
URL:https://www.indybay.org/newsitems/2021/04/18/18841725.php
DTSTART:20210505T024500Z
DTEND:20210505T074500Z
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