Protecting Costa-Hawkins

-- Proposition 33 REPEALS COSTA-HAWKINS --

READ ABOUT THE CALIFORNIANS FOR AFFORDABLE HOUSING CAMPAIGN

WHAT IS COSTA-HAWKINS?  The Costa-Hawkins Rental Housing Act is a California state law that allows rental housing providers to raise rents to fair market rates after a tenant moves out, a policy known as vacancy decontrol. These fair market rates provide resources for quality housing renovations and modifications. The Act also exempts single family homes, condominiums and post 1995 construction from local rental control laws. .

HOW DOES PROPOSITION 33 CHANGE COSTA-HAWKINS?  Proposition 33 repeals the Costa-Hawkins Rental Act and  authorizes your city and county politicians to immediately enact ordinances that:

•    Prohibit owners from raising rents to fair market rates after a tenant moves out.  
•    Allow rent control of single-family homes, condominiums, and newly-constructed rental housing.
•    Expand local government control that allows unelected officials to impose fees that increase housing costs.

WHAT DOES PROPOSITION 33 DO TO YOUR INVESTMENTS?

•    Decrease your rental income.
•    Decrease the resale value of your property. In New York, a similar proposal reduced property values by 30 percent to 40 percent.   
•    Create a patchwork of local ordinances that complicate compliance and increase your expenses.

SO WHAT CAN YOU DO? 

• Donate: Click Protect Costa-Hawkins to make a contribution. 

• Tell Your Friends and Neighbors: Spread the word. Share our website and encourage them to sign up for updates here. 

• Join Local Rental Housing Associations: Strengthen our collective voice and impact. Become a member here.

 Watch this 60-second video  on everything you need to know about Prop. 33.