If you are calculating rent prior to October 6, 2023 and to be effective after September 1, 2023: Example If you were paying $2,000 in March of 2022, your Landlord could increase your rent by an amount calculated as follows: ($2,000) + ($2,000 x .0252) = new rent $2,000 + $50.40 = $2,050.40 $2,050.40 = … Continued
The maximum annual rent increase is called the Annual General Adjustment (AGA). Under the ordinance, the AGA is set at 60% of the annual percentage increase to the April, 2023 Consumer Price Index (CPI) for the San Francisco-Oakland-Hayward region for the period from September 1, 2023 to August 31, 2024. The AGA can never go … Continued
December 2, 2022 and revisions were effective on October 6, 2023. The first maximum rent increase provision went into effect on September 1, 2023. The next rent increase will go into effect on September 1, 2024. The provisions related to petitions, hearings and rental housing fee collection will not be implemented until the Town enters … Continued
Fairfax’s ordinance will cover many residents. However, there are several exclusions from the law. If you rent a unit that falls into one of the following categories, Fairfax’s Rent Stabilization Ordinance does NOT protect your tenancy: Single-family homes (where only one rental unit exists on the property) Condominiums Properties built after February 1, 1995 Dorm … Continued
The ordinance limits rent increases and stops landlords from decreasing housing services. Fairfax’s Rent Stabilization Ordinance will limit rent increases to once a year. Annual rent increases will be capped at 60% of the annual percentage increase to the April, 2023 Consumer Price Index (CPI) and 75% of the annual percentage increase to the April, … Continued
