LA creating program for home-sharing at rent-stabilized units – Daily News

on Oct30
by | Comments Off on LA creating program for home-sharing at rent-stabilized units – Daily News |

The Los Angeles City Council approved, on Wednesday, Oct. 30, the creation of a citywide pilot program to allow owners who live on-site at their rent-stabilized complexes to book their personal unit for home-sharing.

The City Attorney’s Office and the Department of City Planning will provide recommendations for the program going forward, including enforcement and budgetary issues, which will be brought back to the council for consideration in the near future. Rent-stabilized units are currently prohibited from being used for home-sharing.

RELATED: LA approves $3 million to help renters hit with sudden increases

City staff said they would work with the Housing and Community Investment Department to ensure the properties are owner-occupied, as Councilwoman Monica Rodriguez said she doesn’t want RSO units to be subject to a system that “we don’t have the mechanisms of enforcing.”

“My concern is we’re adopting a policy without an enforcement mechanism,” Rodriguez said.

Rodriguez asked the staff to provide a report in 30 days on enforcement of the program.

Councilman Gilbert Cedillo has another proposal that’s still being mulled by the council’s Planning and Land Use Management Committee, which would allow for owners of RSO apartment buildings to conduct home-sharing in units they own but are not their primary residence.

“We’ve seen not dozens but large parts of the population who are struggling,” Cedillo said. “There’s a need for us to design a policy that encompasses every reality and not just those that threaten the hotel industry.”



Previous postHere's what the Fed's interest rate cut really means to you Next postSurrounded by Flames and Smoke, the Reagan Library Remains Unscathed by the Easy Fire


Los Angeles Financial times


Copyright © 2021 Los Angeles Financial times

Updates via RSS
or Email