For Rent sign

Following the footsteps of other Peninsula cities, Foster City officials will consider passing an urgency ordinance Monday to protect renters facing eviction or large rent increases in anticipation of a new state law taking effect in January. 

Assembly Bill 1482, which was signed by Gov. Gavin Newsom Oct. 8, will prevent landlords from raising rents by more than 5% a year plus inflation starting Jan. 1. The bill has a retroactive clause that causes all rents to freeze to the level they were on March 15, 2019, so any increase now would be rolled back to that level come Jan. 1 when the law takes effect.

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