As you may know, AB 3182 is on the Governor’s desk, pending his signature or veto. AB 3182, if passed, would effectively prohibit (with only a couple of exceptions) rental bans, to allow owners to rent out their homes or attached/detached accessory and junior accessory dwelling units. Your advocacy efforts are needed to urge Governor Newsom to veto AB 3182.
Rental restrictions, and the broad discretion the board is given to adopt and enforce them, are intended to preserve the residential character of the community by promoting stability, minimizing increases in insurance premiums, maintaining property values and avoiding transient tenancy. Assembly Bill 3182 (“AB 3182”), if passed, would limit this discretion and prohibit certain types of rental restrictions.
The intention of AB 3182 as presented by Assembly Member Ting is to address California’s shortage of housing and potentially provide relief to the state’s homelessness crisis. Unfortunately, removing an association’s ability to restrict rentals so substantially is likely to create negative consequences, such as, decreasing the sense of community, impacting affordability and availability of insurance, and increasing costs of maintenance due to tenants’ neglect and turnover of residents. As a whole, AB 3182 has the potential to impact property values adversely as well.
PLEASE CLICK THE PHOTO BELOW, TO JOIN CAI CALIFORNIA LEGISLATIVE ACTION COMMITTEE’S EFFORTS TO URGE GOVERNOR NEWSOM TO VETO AB 3182.
