On Thursday, Berkeley Mayor Jesse Arreguín and housing advocates announced what they described as a “first in the state housing policy” called the Tenant Opportunity to Purchase Act. Watch live video here.
Advocates say the proposed ordinance would give all tenants a “fair chance,” but landlords say they’re entitled to information about applicants.
The sale transfers 314 units around downtown that mostly house students and could bring over $4 million in transfer taxes to the city.
Which properties would become rent-controlled after a repeal, and which would be exempt? Berkeley voters could make the call in November.
Oakland is the East Bay’s top dog haven, according to experts, but the whole area has lots to offer for our canine friends.
Rents are on a downward trajectory in Berkeley and Oakland, but many residents still struggle with affordability.
The city could pull in an estimated $800,000 in new taxes on short-term rental units by the end of June, aided in part by an agreement with Airbnb to help collect that money.
New data shows that Berkeley has the eighth-highest rent of 30 Bay Area cities, and with insufficient new housing, there’s no sign it’s going anywhere but up.
The Rent Stabilization Board says the number of owner move-in eviction notices more than doubled between July 2013 and June 2016, compared to July 2010 to June 2013.
Marìa Poblet will serve out the rest of former Commissioner Katherine Harr’s term, until Nov. 20, 2018.
Accruing revenue for Berkeley’s Housing Trust Fund and working with nonprofit developers to build below market-rate units is one of the best ways to support low-income residents.
© Berkeleyside. All Rights Reserved.
