1/23: SFAA Monthly Members Meeting
SFAA has been an advocate for rental housing in San Francisco since 1917. More than 2,000 SFAA members enjoy these benefits:
Starting June 1, 2016 all lease agreements for apartments with wood-burning fire places within the Bay Area Air Quality Management District must use this addendum.
Effective March 1, 2016 through February 29, 2017, the allowable annual increase amount is 1.6%.
In accordance with Rules and Regulations Section 1.12, this amount is based on 60% of the percentage increase in the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose region for the 12-month period ending October 31, which was 3.2% as posted in November 2014 by the Bureau of Labor Statistics.
To calculate the dollar amount of the 1.6% annual rent increase, multiply the tenant's base rent by .016. For example, if the tenant's base rent is $1,500.00, the annual increase would be calculated as follows: $1,500.00 x .016 = $24.00. The tenant's new base rent would be $1,524.00 ($1,500.00 + $24.00 = $1,524.00).
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December 2016 - Click here to read selections from the current edition of SFAA's SF Apartment magazine. SFAA members receive the full magazine every month.