Governor Newsom signed several new bills affecting multifamily housing into law, many of which will go into effect in 2024. See below for a summary of new laws taking effect. AB-1418: Effective January 1st, 2024, tenants will no longer be able to be evicted based on calls to law enforcement, suspected criminal activity or other alleged nuisance activity. SB-712: Effective January 1st, 2024, Tenants will be allowed to charge electric scooters and electric bikes in their apartments as long as the battery meets certain safety standards. SB-4: Effective January 1st, 2024, restrictions on churches, religious organizations and, non-profit colleges will be removed allowing them to build affordable housing on their land. AB-12: Effective July 1st, 2024, tenants will no longer have to pay several month’s rent as a security deposit. This bill caps the amount a landlord can charge to one month’s rent.
Some Palisades fire victims are paying hundreds of thousands of dollars in Measure ULA taxes when selling damaged or destroyed homes. In November, voters will decide whether they deserve a tax exemption with Proposition TE....
Charter Amendment PL is a bit confusing, but at its core it contains five proposals that would streamline and speed up certain L.A. City Planning Department processes, such as reviews and appeals....
Billionaire Peter Thiel has been revealed as the buyer of Casa Encantada, a storied Bel-Air mega-mansion that was auctioned off for $130 million over the summer....
