Berkeley says the initiative means property owners can receive a stable rental income while supporting the health of the community.
The city of Berkeley has been sharing public health news and recommendations about COVID-19 on its website. Berkeleyside is reprinting some of these items with permission.
The proposed changes to the rent control ordinance would take away an exemption first allowed 40 years ago.
Eviction moratoriums provide some temporary relief for tenants who can’t pay rent. But everyone from those renters to corporate landlords are still feeling worried about the future.
Berkeley and Oakland now have two of the strongest emergency protections for residential renters and small businesses in California. City leaders say state and federal lawmakers need to catch up.
The Tenant Opportunity to Purchase Act has not even reached the City Council, but it’s already generating plenty of controversy, and support.
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.