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Would add an article to the City of Sacramento Charter to (i) create a new elected body (Rental Housing Board) with powers that include: setting rents, establishing regulations, establishing its own budget, charging fees to finance its operations, establishing penalties, conducting investigations, and adjudicating rent adjustments; (ii) set a base rent for all covered rental units within the city and cap annual rent increases; and (iii) limit landlords’ ability to terminate tenancies. Would supersede the Sacramento Tenant Protection Act, and thus that Act would no longer be effective if Measure C passes. Measure C requires a simple majority (50% + 1) to pass.
Fiscal Impact: Would impose a board-determined annual rental-housing fee on each landlord subject to the measure to fund the new Rental Housing Board's expenses.