Support of SB 3 and Opposition to AB 15 and SB 64

Industry News,

One of our Sacramento Advocates, Steve Carlson of Steve Carlson and Associates, wrote the following coalition letter that laid out opposing arguments to AB 15 to the the State Legislature and Governor.

The letter wrote:

“On behalf of the above-signed rental property owners and real estate industry groups that provide housing for Californians, we are writing concerning the recently introduced package of bills intended to extend the provisions of AB 3088 for various lengths of time.

We are writing to express our support for SB 3 (Bradford / Caballero), which is the simple extension of AB 3088’s provision until March 31, 2021, because we believe that this provides sufficient time for all the parties affected by COVID-19 to come together to find workable and timely solutions to ensure that our members can get through the pandemic and hopefully continue to provide housing for millions of California’s renters. We express our strong opposition to AB 15 (Chiu) and SB 64 (Leyva). Simply extending the current provisions of AB 3088 for one more year, or longer, without reexamining how those policies adversely affect the state’s housing providers and the long-term effect on the housing market does not help residents or small family rental property owners. Even if SB 3 were to pass, for many of the state’s rental housing providers, they would have gone without collecting all or a portion of rental income for more than one year.”

Click here to read the full letter: Collation Letter in Support of SB 3 and Opposition to AB 15 and SB 64