Beverly Hills city council in September agreed to create a $1 million rent subsidy program to help COVID–19 affected tenants in the city pay the rent. The objective of the program is to provide a measure of stability to tenants in their moment of need. The program is also intended to benefit landlords by providing rental income that might otherwise be delayed due to COVID–19. But the devil is in the details. Here’s how it works.
City council has tasked the Rent Stabilization Commission with discussing important aspects of the city’s rent stabilization ordinance and then recommending to council whether changes should be made. Up next is relocation fees: should the fee requirement be eliminated — or should the relocation fee amount be reduced or in some way modified? Here’s our preview of the commission’s relocation fee discussion.Read more