Title
Potential Modifications to Allowed Rent Increases in Mobile Home Rent Stabilization Ordinance-Housing Element Program 3.2
Recommendation
Direct staff to prepare an amendment to the Mobile Home Rent Stabilization Ordinance to modify allowed annual rent increases from the current combination of an adjustment limited to 100% of the Consumer Price Index for all urban consumers (CPI-U) for the San Francisco-Oakland-Hayward region, with a 2% floor and 5% ceiling, to an adjustment limited to 75% of the CPI-U with a 1% floor and 5% ceiling.