Overview
- AB 1157 proposes lowering annual rent increase limits from 5–10% to 2–5% and extending caps to single-family rental homes and condos.
- The bill would eliminate the 2030 sunset on the current rent control law, making the restrictions permanent while maintaining exemptions for homes less than 15 years old.
- Tenant advocates argue the bill is essential to protect low-income renters from inflation, while opponents warn it could discourage new housing construction.
- The legislation cleared the Assembly housing committee by a narrow 7-5 margin but was notably absent from Assembly Speaker Robert Rivas’s list of housing priorities.
- AB 1157 is one of over 160 housing-related bills introduced this session, reflecting the urgency of California’s housing crisis.