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REDWOOD CITY FAIR AND AFFORDABLE HOUSING ORDINANCE <br /> <br />Economic & Planning Systems, Inc. 6 Tenant Protection Impacts <br />Table 1. Overview of Proposed Ordinance’s Expanded Tenant Protection Provisions <br />Property Type <br />Current Requirements Proposed Ordinance <br />State Law <br />City Tenant <br />Protection Ordinance <br />(TPO)* <br /> Rent <br />Stabilization <br />(60% of % <br />change in CPI; <br />max 5% / <br />year) <br />All other <br />requirements <br />(e.g., eviction <br />protections, right to <br />return, relocation <br />assistance) <br />Rent Stabilization <br />(greater of 5% + % <br />change in CPI or 10% / <br />year) <br />All other Requirements <br />(e.g., eviction protections, <br />right to return, relocation <br />assistance) <br /> <br />Multi-unit property of <br />2 or more units – built <br />before 1995 <br />Covered 1 Covered 1 Covered Covered <br />Multi-unit property of <br />2 or more units – built <br />after 1995 <br />Covered <br />unless built within last <br />15 years <br />Covered <br />unless built within last 15 <br />years <br /> Exempt2 Covered <br />Rental shared with <br />owner3 Exempt Exempt Exempt Exempt <br />Single family homes <br />or condominiums <br />Exempt <br />unless owned by a <br />corporation, REIT or <br />LLC <br />Exempt <br />unless owned by a <br />corporation, REIT or LLC <br /> Exempt Covered <br />ADUs – built before <br />1995 <br />Covered <br />unless owner lives in <br />one unit <br />Covered <br />unless owner lives in one <br />unit <br /> Covered Covered <br />ADUs – built after <br />1995 <br />Covered <br />unless owner lives in <br />one unit or built within <br />last 15 years <br />Covered <br />unless owner lives in one <br />unit or built within last 15 <br />years <br /> Exempt2 Covered <br />Deed-restricted <br />affordable housing - <br />built before 1995 <br />Exempt Exempt Covered Covered <br />Deed-restricted <br />affordable housing - <br />built after 1995 <br />Exempt Exempt Exempt Covered <br />Mobile homes4 <br />Exempt <br />unless owned by a <br />corporation, REIT, LLC, <br />or park owner <br />Exempt <br />unless owned by a <br />corporation, REIT, LLC, <br />or park owner <br /> Covered Covered <br />1 2-unit buildings are not covered, if the owner occupied one of the units for duration of tenancy <br />2 But units built after 1995 and older than15 years will be covered under State law <br />3 Rental where owner shares kitchen or bath with tenant and owner occupies property during entire term of tenancy <br />4 Mobilehome Residency Laws regulates evictions from mobilehome spaces and exempts certain mobilehome spaces from local rent control laws <br /> <br />8.A. - Page 65 of 168 <br />75