flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

California building electrification laws could prompt more evictions and rent increases

MFPRO+ News

California building electrification laws could prompt more evictions and rent increases

Renovations may give landlords cover to force out tenants


By Peter Fabris, Contributing Editor | November 21, 2023
Image by F. Muhammad from Pixabay - California building electrification laws could prompt evictions
Image by F. Muhammad from Pixabay

California laws requiring apartment owners to ditch appliances that use fossil fuels could prompt more evictions and rent increases in the state, according to a report from the nonprofit Strategic Actions for a Just Economy.

The law could spur more evictions if landlords undertake major renovations to comply with the electrification rule. Some cities and counties in the Golden State have exceptions to renter-protection laws that allow landlords to evict tenants while making renovations.

Another law that limits rent increases at lease renewal may come into play if owners look to recoup the cost of renovations through rent increases. That law does not apply to properties built within the past 15 years.

The state has set aside funds for many more energy retrofits, including $622 million for homes in low-income communities. But the legislation enabling this work has not addressed the possibility of evictions, according to the report.

Nearly 80% of California’s low-income renters spend more than half their income on rent, the report says. Renovations to decarbonize buildings could cause rent increases that low-income households cannot afford or could temporarily force tenants to vacate buildings, which could trigger more evictions, the report says.

Related Stories

Mixed-Use | Jan 19, 2024

Trademark secures financing to develop Fort Worth multifamily community

National real estate developer, investor, and operator, Trademark Property Company, has closed on the land and secured the financing for The Vickery, a multifamily-led mixed-use community located on five acres at W. Vickery Boulevard and Hemphill Street overlooking Downtown Fort Worth.

Affordable Housing | Jan 18, 2024

Habitat tops off second apartment building at 43 Green

The co-developers of 43 Green celebrate the latest milestone for the $100 million, mixed-income, mixed-use project in Bronzeville: topping off Phase 2 while reaching full lease-up of the Phase 1 apartment building.

Adaptive Reuse | Jan 12, 2024

Office-to-residential conversions put pressure on curbside management and parking

With many office and commercial buildings being converted to residential use, two important issues—curbside management and parking—are sometimes not given their due attention. Cities need to assess how vehicle storage, bike and bus lanes, and drop-off zones in front of buildings may need to change because of office-to-residential conversions.

MFPRO+ News | Jan 12, 2024

Detroit may tax land more than buildings to spur development of vacant sites

The City of Detroit is considering a revamp of how it taxes property to encourage development of more vacant lots. The land-value tax has rarely been tried in the U.S., but versions of it have been adopted in many other countries. 

MFPRO+ News | Jan 12, 2024

As demand rises for EV chargers at multifamily housing properties, options and incentives multiply

As electric vehicle sales continue to increase, more renters are looking for apartments that offer charging options.

Student Housing | Jan 12, 2024

UC Berkeley uses shipping containers to block protestors of student housing project

The University of California at Berkeley took the drastic step of erecting a wall of shipping containers to keep protestors out of a site of a planned student housing complex. The $312 million project would provide badly needed housing at the site of People’s Park. 

Sustainability | Jan 10, 2024

New passive house partnership allows lower cost financing for developers

The new partnership between PACE Equity and Phius allows commercial passive house projects to be automatically eligible for CIRRUS Low Carbon financing.

Apartments | Jan 9, 2024

Apartment developer survey indicates dramatic decrease in starts this year

Over 56 developers, operators, and investors across the country were surveyed in John Burns Research and Consulting's recently-launched Apartment Developer and Investor Survey.

Giants 400 | Jan 8, 2024

Top 60 Senior Living Facility Construction Firms for 2023

Whiting-Turner, Ryan Companies US, Weis Builders, Suffolk Construction, and W.E. O'Neil Construction top BD+C's ranking of the nation's largest senior living facility general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.

Giants 400 | Jan 8, 2024

Top 40 Senior Living Facility Engineering Firms for 2023

Kimley-Horn, Olsson, Tetra Tech, EXP, and IMEG head BD+C's ranking of the nation's largest senior living facility engineering and engineering/architecture (EA) firms for 2023, as reported in the 2023 Giants 400 Report.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021