By Megan Rawlins
As expected, Mayor Gavin Newsom has promised to veto the renter relief and protection legislation passed by the Board of Supervisors at last week’s meeting. And in response, renters will rally at the steps of City Hall at noon on Tuesday to demand that Newsom offer some alternative if he indeed kills the renters’ package.
The legislation, in descending order of controversy, suspended rent increases that would exceed one-third of a tenant’s income for those who had recently lost a job, had their wages decreased by at least 20 percent, or derived their income solely from government assistance; allowed the addition of a roommate without a resulting rent increase, and amended rent-banking rules to cap rent hikes at 8 percent annually.
Authored by Sup. Chris Daly, the changes are intended to address the precarious position of San Francisco renters, who constitute two-thirds of the city’s population.