Oakland: City Council Approves Temporary Moratorium on Rent Hikes
The City Council approved a temporary moratorium on rent hikes to try to stop the avalanche of displacements impacting many renters throughout the city. The council voted unanimously for the moratorium after first hearing from hundreds of speakers Tuesday night and into the wee hours Wednesday.
The moratorium, a 90-day emergency ordinance that ties the annual allowable rent increase to the consumer price index, provides the city an opportunity to do outreach so tenants know and can exercise their rental rights, City Council President Lynette Gibson McElhaney said.