AB 1506 DEFEATED! It was the Biggest Threat to Small Property Owners Since Rent Control Itself! – by Noni Richen
[Editor’s Note: Great news for the multifamily housing industry! Last month, Assembly Bill 1506, to repeal the Costa-Hawkins Rental Housing Act of 1995 was defeated! At the Housing and Community Development Committee meeting, (a five member committee) – two of the members were in favor, two were against, and member, Ed Chau, abstained; therefore, preventing the…
Details