Repealing the Costa-Hawkins Act
On Monday, a group of organizations, including Alliance of Californians for Community Empowerment, filed paperwork to get the ball rolling on a 2018 statewide ballot initiative to repeal the Costa-Hawkins Act, a 1995 law that limits California’s cities and counties from implementing rent control on newer properties.
In the words of Richmond City Councilmember and Assembly Candidate Jovanka Beckles, “This leaves millions of California tenants at the mercy of real estate speculators. By repealing Costa Hawkins, we can make sure low income families, students, educators and seniors with fixed incomes have the renter protections they deserve."
The next step is for the Attorney General to give the proposed initiative a title, summary and financial analysis. From there, organizers will have to collect enough valid signatures to place it on the November 2018 ballot.
There have also been attempts to introduce legislation repealing Costa-Hawkins, including a bill introduced this past February by Assemblyman Richard Bloom (D-Santa Monica), but he pulled it in the face of strong opposition from the real estate industry, and landlord/apartment lobby.