HIGH ALERT!! VERY BAD CHANGES UP FOR 1ST READING AT THE UPCOMING CITY COUNCIL MEETING. STAND BY FOR MORE INFO.
It has come to our attention that the mayor met with representatives of Marine View and assured them personally that the changes to the rent control ordinance will not harm them and are actually very good changes that help them.
We cannot stress enough to the residents of Marine View, Clock Towers, Church Towers, most of the Applied Buildings and other subsidized properties that this is NOT TRUE and please, for your own protection, do not believe what you were told.
The Current ordinance: Contains language specifically stating that buildings operated by government agencies that have affordable controls that preempt rent control transition to rent control once the agreement ends
The New ordinance: Removes the previous language that mandates that these buildings transition to rent control when the controls expire.
Why this is a problem: The elimination of the language that clearly states such properties transition to rent control removes that protection from the ordinance and allows for interpretation that the buildings do not transition to rent control and are thus unregulated. There is no good reason to remove the language that makes the intention that these properties transition to rent control clear. No good reason at all. To remove the language is to allow for a very different interpretation, which is that the buildings are completely unregulated once the affordable controls expire.