Developers Tell Voters “Don’t Believe The Lies of Billionaire Landlords”
Los Angeles, Sept. 14 --- Billionaire Landlord and Essex Chairman George Marcus has made billions of dollars off California’s housing crisis and is now paying millions of dollars to air ads by a 501c6 “trade advocacy group” filled with half-truths and outright lies. Actual affordable housing developers across the state support the statewide initiative to protect renters by allowing communities to expand rent control.
“Local jurisdictions should be able to make their own determinations. Proposition 10 will return to California cities the right to decide their own affairs. The Costa-Hawkins Act took the responsibility of regulating rents away from democratically-elected city councils and gave it to the biggest landlords in the state who are accountable to nothing other than their profit margins. We’re in a housing crisis. Cities need tools that will allow them to rebalance our woefully unbalanced rental markets," said Roberto Jimenez, President and CEO of Mutual Housing.
The mission of Mutual Housing California is to develop, operate and advocate for sustainable housing that builds strong communities through resident participation and leadership development.
Incorporated in 1988, Mutual Housing was formed as a partnership of neighborhood residents, business representatives, housing advocates, and local government dedicated to improving housing opportunities for lower income families. The Mutual Housing founders’ major objective was to create a locally controlled nonprofit that would be a force for revitalizing low-income communities by strengthening neighborhood assets–both the housing and the neighborhood leaders.
“Our association of local nonprofit housing organizations does affordable housing day in and day out, and we strongly support Prop 10. Repealing Costa Hawkins and establishing rent control policy on private rental housing has no impact on our members' affordable housing work. In fact, affordable housing development and rent stabilization on private apartments are complementary tools to increase housing opportunities and protect low and moderate income residents at risk of being displaced from their communities,” said Peter Cohen, Co-Director of the Council of Community Housing Organizations.
As a nonprofit coalition of 25 community-based housing developers and tenant advocates, the Council of Community Housing Organizations (CCHO known as “Choo Choo”) crafts actionable public policy and supports resident leadership to create long-term change. CCHO is dedicated to the vision of a San Francisco Bay Area where all residents can afford to live, work, and thrive.
Over the past 4 decades, CCHO has won nearly $6.5 billion dollars for affordable housing, built almost 30,000 affordable homes, created thousands of jobs, and passed meaningful policies to guide housing development, prevent displacement, and stabilize our communities
"Rent control and affordable housing construction are compatible in protecting renters. There is no reason that rent control would prevent the construction of more affordable housing in California. We support multiple methods to keeping renters in their homes, and allowing local communities to set reasonable limits on rents is a fair method to doing so. We support Proposition 10," said Becky Dennison, Executive Director of Venice Community Housing.
Venice Community Housing (VCH) works to reduce homelessness, maximize affordable housing, empower low income constituents, provide social services, and advocate for public policy that protects and strengthens the economic, racial and cultural diversity of Venice and other neighborhoods on the Westside of Los Angeles. VCH is a broad-based organization providing low-income and permanent supportive housing, youth programming, resident and homeless services, and community based solutions to meet those in need.
These major associations of affordable housing developers, Housing CA, Non-Profit Housing Association of Northern California (NPH), the Southern California Association of Non-Profit Housing (SCANPH), support Proposition 10. Some of their members active in this effort include: Sacramento Housing Alliance, Chinatown Community for Equitable Development, East LA Community Corporation, Rubicon Programs, Sacred Heart Community Service, T.R.U.S.T. South LA, Venice Community Housing, the Thai Community Development Center, Esperanza, and Women Organizing Resource Knowledge +Services (WORKS).
The developers will be having a call on Sept. 25 to discuss their support for Proposition 10 and the reasons why it will help, not hinder their efforts to provide quality affordable housing. Details to come soon.
About Prop 10
Proposition 10 is a statewide ballot measure that, if passed in November, will repeal the Costa-Hawkins Rental Housing Act and return to local communities the power to adopt rent control necessary to address the state’s housing affordability crisis. Costa-Hawkins prevents cities and counties from applying rent control to apartments built after 1995 or to single-family rental units and condos. It also allows landlords to raise the rent as much as they want when a unit becomes vacant.