Rent Relief Funds

Rent Relief Funds The Budget and Finance Committee on Wednesday, February 24, 2021, voted in support of San Francisco Board of Supervisor Dean Preston’s ordinance calling for the release of PROP I funds (5,700,000 for Rent Relief & $5,700,000 for Social Housing) to the Mayor’s Office of Housing and Community Development. The ordinance still needs…

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National Eviction Ban Extended

National Eviction Ban Extended President Biden extended this moratorium through March 2021. The relief comes as the Centers for Disease Control and Prevention’s eviction moratorium was set to expire at the end of the month. More than 14 million Americans — or 1 in 5 adult renters — said recently that they’re not caught up…

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San Francisco rent closes out the year down 27%

San Francisco rent closes out the year down 27% https://www.sfgate.com/realestate/article/SF-rent-closes-out-the-year-down-27-15845136.php Median rents in San Francisco are at $1,992 for a one-bedroom apartment and $2,305 for a two-bedroom. “After an unprecedented year, rents in San Francisco are down nearly 27% since January, more than any other big city in the nation. The price drop is tied…

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SF Housing Inventory Passes

SF Housing Inventory Passes By July of 2022, landlords will be required to report to the city every year: The approximate square footage of each residential unit, the date of any vacancies over the past 12 months, and each tenant’s base rent. Failure to comply suspends the right to increase the rent. Why does San…

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