Starting this month, Sacramento landlords have a slightly stricter limit on how much they can raise rent for certain apartments.
Landlords of apartments that are covered by the city’s Tenant Protection Program will not be able to raise annual rent more than 9.2%. The new rent raise cap, which went into effect July 1, is lower than the 10% that was previously in place.
Renters are covered if they live in apartments, duplexes, mobile home parks or single-room occupancy hotels built before 1995 in the city of Sacramento.
The ordinance, which the council adopted in 2019, caps annual rent increases at 6% plus inflation, up to a maximum of 10%. It updates with a new inflation figure every year, from the U.S. Bureau of Labor Statistics, which was recently calculated.
To continue reading the rest of the article, please click on the source link below:
https://ca.sports.yahoo.com/news/sacramento-landlords-stricter-limit-rent-120000407.html