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REDWOOD CITY FAIR AND AFFORDABLE HOUSING ORDINANCE <br /> <br />Economic & Planning Systems, Inc. 21 Tenant Protection Impacts <br />by about 11 - 12 percent after ordinance eliminating RUBS was adopted.18 The <br />analysis also notes that COVID-19 and uncertainty regarding the timing of the <br />transition away from RUBS complicate attribution, so the findings should be <br />interpreted as suggestive rather than conclusive proof. However, the San Jose <br />experience provides a relevant local example of how removing tenant utility cost <br />signals in master-metered buildings may increase consumption and shift costs to <br />property owners. <br />As illustrated in Table 10, the potential cost exposure to landlords is material. <br />Data from the Housing Authority of the County of San Mateo’s Utility Allowance <br />Schedule 2026 suggests that water, trash, and gas or electric can represent <br />approximately $200 to $330 per unit per month across studio to five-bedroom <br />multifamily units, depending on unit size and building systems (excluding gas and <br />electric which are often separately metered). This data is consistent with <br />estimates from property owners / landlords who noted that eliminating RUBS <br />would result in a 10 percent reduction in operating revenues19, before accounting <br />for impacts on tenant consumption patterns. <br />Table 10. Summary of Typical Monthly Utility Costs <br /> <br />As illustrated in Table 11, the pre-1995 buildings will be most impacted since <br />landlords cannot pass on the increase in utility costs until the unit is vacated or until <br />the property owner seeks and is granted an upward adjustment in rent through the <br />petition process. This impact will be exacerbated because the proposed Ordinance <br />requires that rents be rolled back to 2025 levels. It is worth noting this provision is <br />unlikely to affect deed restricted affordable housing because these units generally do <br />not utilize RUBS. <br /> <br />18 San Jose Ordinance Prohibiting RUBS: Impact on Water Consumption (PDF) <br />19 CoStar reports Market Rent/Unit of $2,520 for Redwood City for pre-1995 units for which the elimination of RUBS is applicable <br />0 BR 1 BR 2 BR 3 BR 4 BR 5 BR <br />Sewer [1]$82 $82 $82 $82 $82 $82 <br />Water $80 $82 $108 $139 $174 $209 <br />Trash $39 $39 $39 $39 $39 $39 <br />Total [2]$201 $203 $229 $260 $295 $330 <br />[2] Totals exclude gas and electric because these are often seperately metered <br />[1] Sewer rates are published separately by the City as a per unit cost for multifamily units, and not listed in the Housing Authority of <br />the County of San Mateo utility allowance schedule <br />Fee Amount by # of bedroomsUtility Category <br />8.A. - Page 80 of 168 <br />90