Santa Barbara City Council to Discuss Rent Stabilization
The Santa Barbara City Council meeting was packed with people interested in an agenda item regarding rent stabilization.
Councilmembers Wendy Santamaria and Kristen Sneddon requested the council to consider adding a rent stabilization ordinance discussion to a future agenda.
- The proposed idea would impact older rental units.
- It could change the Rental Housing Mediation Board into a Rental Housing Stabilization Program.
- The council is considering allowable rent increases of 60 percent of the California Consumer Price index.
No specifics were voted on, but the issue will be discussed in the future.
Author's summary: Santa Barbara City Council considers rent stabilization.