Rising rents are threatening our community’s ability to stay in their homes. Rent stabilization is a key element to achieving fair and stable rents for the citizens of Glendale. That is why we are working hard to pass the Community Stabilization and Fair Rent Act.
We are currently working on collecting the needed signature to palace our proposed ordinance on the ballot for the November 2018 election.
Approximately two-thirds of households in the city rent, and, according to the city’s own data, 59% of them are “burdened by housing overpayment,” meaning that they pay over 30% of their income for rent.¹ This is on top of the 20,000 unit shortfall of affordable housing units. All while there is a large, surplus of vacant luxury units.²
The proposed ordinance would cap rent increases at 4% per year and establish a Rent Board to oversee the implementation of the new ordinance as well as to ensure that both renters and landlords are treated fairly. Both a detailed summary and the full text of the proposed ordinance are available.