The Rent Stabilization Commission of West Hollywood has announced the Annual General Adjustment (AGA) and the new temporary and permanent relocation fee amounts for the fiscal year 2023-2024. The AGA will be effective from Sept. 1, 2023, while the new relocation fees will come into effect from July 1, 2023.
The AGA, as per the West Hollywood Municipal Code Section 17.36.030, is announced annually on or before July 1. This year, the AGA will be 2.50%, calculated based on the Los Angeles-Long Beach-Anaheim Consumer Price Index for All Urban Consumers (CPI-U) for All Items. The May 2023 CPI-U reported by the Bureau of Labor Statistics was 320.514, an increase of 3.176% from May 2022. Seventy-five percent of this increase, rounded to the nearest quarter of one percent, results in a general adjustment of 2.50%.
The Rent Stabilization Commission will mail a newsletter to rent-stabilized tenants and landlords in early July, detailing the 2023-2024 AGA. Landlords are reminded that they can only increase the rent once every 12 months.
In addition to the AGA, the Commission has also adjusted the relocation fee amounts that a landlord must pay a tenant for a “no fault” eviction. These fees are adjusted for inflation annually every July 1. The fees are increased by the May-to-May percent change in the “rent of primary residence” component of the CPI-U each year, rounded to the nearest whole dollar.
The new relocation fees for 2023-2024 are as follows:
2022 Price | 2023 Price | ||
---|---|---|---|
0 Bedrooms | $8,206 | $8,680 | $474 |
1 Bedroom | $11,588 | $12,258 | $670 |
2 Bedrooms | $15,609 | $16,511 | $902 |
3 or More Bedrooms | $20,599 | $21,790 | $1,191 |
Qualified Tenant | $21,724 | $22,980 | $1,256 |
Persons and Families of Moderate Income | $21,724 | $22,980 | $1,256 |
Lower Income Tenant | $27,356 | $28,937 | $1,581 |
The Commission has also updated the temporary relocation benefits for tenants displaced due to compliance with local or state housing, health, and building & safety laws. The new per diem rates effective from July 1, 2023, are as follows:
– Meal Allowance: $62 per day per person in household if temporary accommodation lacks cooking facilities.
– Laundry Allowance: $2 per day if the rental unit included in-unit laundry and the temporary accommodation does not.
– Pet Accommodations: $68 per day for dogs and $47 per day for cats if the temporary accommodation does not accept pets.
For more information on the AGA and relocation fees, visit the City’s website at www.weho.org/rsh.
Relocation fees are way higher than this if you are a low income renter, someone with a disability and/or a senior. Although I do think extra money should be tacked on for every year over 10 years a resident lives in the same place,
Okay I have a serious question. In the above article it states…Landlords are reminded that they can only increase the rent once every 12 months. My question is,… There was a (not sure what they exactly called it) a 3% post covid readjustment rent increase. Due to the fact there were no increases during Covid. I think it was in Feb 2023. So does that mean that those of us that got this increase will not be effected by this increase?
I called rent stabilization and for those of us that had our rents increased by 3% in Feb/March. They can not increase our rent again until next year.
Rents should be:
0 singles $. 425
1 bedroom $650
2 bedroom $ 850
And not a dollar more…..
People should not spend all their hard earned money on the rent.
They need to be able to afford food, liquor, drugs, Sex lubricants, sex toys, and food for a pet and a pet itself🐾
Tell me what your occupation is, and I’ll tell how what you should charge, reducing prices by about 3 times. If you were going into say Tiffany’s, would you tell them what you think their prices should be?
I think it’s sarcasm. Lets hope.
PLEASE someone think of the poor suffering LANDLORDS. All of their suffering makes me teary eyed 🙂
Is that your best ‘A” comedy material, or is it just some test material, and you’re saving the really good stuff for later?
#something only a lifelong renter would say
Okay? Time for landlords to get a real job I guess!
You don’t like that they saved and invested. You think they owe you something. You’re jealous cause they planned their life well, and you rely on handouts cause you didn’t plan well.
Honey, I don’t rely on anything. I pay above market rate for my apartment.
Well that’s not very smart. More bad life decisions.
Why do you care what I spend my money on? Go away troll.
All you do is make bad life decisions.
You know nothing about my life. But I do pay $0 rent to live inside your head 😉
Something a greedy as*ded slumlord would say.
Renting after the age of 28….is a sign of low intelligence. It’s not for others to adjust on your behalf.
Or more likely… inherited.
You can always pitch a tent. Sounds like a great life.
Tee Hee
Sickening. Why don’t people live where they can afford to live, rather than off landlords who invested and provide needed housing for wealthy people who can actually afford to live here.
One could also ask why you don’t invest in non-rent controlled areas if it’s such a hardship. And if your answer is you’ve owned property before rent control, then your property value has increased significantly and that alone is a great investment.
First, I’m not running a charity for you. Second, property values would have increased more, if it was fair market. Tell us your occupation and I’ll predict your life of we got to cut your salary in half, you know, for the good of the community.
Again sounds to me like another WEHO trust fund baby crying who never had to work for a thing in his life I bet mommy and daddy left you that building.
That may or may not be true. Are you saying people shouldn’t be able to do what they want with their money? Are you sad a parent wants to give their own kid money, rather than give it to you?
yep
Even if you invested after rent control, your property value has increased tremendously. People seem to have a somewhat outdated vision of our current rental market. Back in the day, you knew your landlord personally; the landlord might have lived in your building. Landlords and tenants often had empathy for the other. Today the majority of rent controlled buildings are owned by huge, soul-less real estate conglomerates, who are reaping huge profits from rent controlled buildings; they would not have invested in these buildings unless they were profitable.
Vacancy de-control has made most rent controlled buildings profitable.
People should not be counting a landlords profit (on paper) anymore than the landlord counting a rich person savings if they live in that apt!
100%
Even if my property value increased “tremendously”, why shouldn’t it increase super tremendously? Why should the kandlord be punished? We’re not running charities.
And why don’t we cap lawyer fees, say what they were charging in about 1975, per hour. Legal advice is essential, right? Why only go after landlords and no one else?
lol
Lol 2.0.
Welcome to the USSR.
Did the Rent Stabilization Committee acquired a time machine?!
For someone who nitpicks on everyone else when they make the slightest grammatical error, you sure make enough of your own while engaged in this crusade of yours. #verbtensematters
“For someone who nitpicks on everyone else when they make the slightest grammatical error”
Except I don’t. I don’t care about stupid grammatical errors.
Is English your second language?