Official Voter Information Guide
PROP
21
EXPANDS LOCAL GOVERNMENTS’ AUTHORITY TO ENACT RENT CONTROL ON RESIDENTIAL PROPERTY. INITIATIVE STATUTE.
SUMMARY
Put on the Ballot by Petition Signatures
Allows local governments to establish rent control on residential properties over 15 years old. Local limits on rate increases may differ from statewide limit. Fiscal Impact: Overall, a potential reduction in state and local revenues in the high tens of millions of dollars per year over time. Depending on actions by local communities, revenue losses could be less or more.
WHAT YOUR VOTE MEANS
YES A YES vote on this measure means: State law would allow cities and counties to apply more kinds of rent control to more properties than under current law.
NO A NO vote on this measure means: State law would maintain current limits on rent control laws cities and counties can apply.
ARGUMENTS
PRO Proposition 21 is the change we need to tackle homelessness. A YES Vote on Proposition 21 is a vote to keep families in their homes. A strong coalition of elected leaders; affordable housing providers; and senior, veteran, and homeless advocates agree that Proposition 21 will help prevent homelessness.
CON Prop. 21 will make Califonia’s housing crisis worse. Prop. 21 undermines the strongest statewide rent control law in the nation, costs jobs, reduces home values, stops new housing from being built, and eliminates homeowner protections while providing no protections for renters, seniors, veterans or the disabled.
FOR ADDITIONAL INFORMATION
- Yes on 21—Renters and Homeowners United to Keep Families in Their Homes
- 6500 Sunset Blvd.
- Los Angeles, CA 90028
- (323) 962-0140
- contact@YesOn21CA.org
- www.YesOn21CA.org
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