This ordinance amends the Administrative Code to extend rent control to newly constructed dwelling units that first received a certificate of occupancy between June 13, 1979, and November 5, 2024, provided that future amendments or repeal of the Costa-Hawkins Rental Housing Act permit such action. The law clarifies that these units will be generally subject to rent control in San Francisco. It also includes changes to clarify rent control exemptions under Costa-Hawkins, including the treatment of condominiums.
This decision is crucial as it expands rent control protections to more recently built units, potentially safeguarding tenants in these properties from rent hikes. It aims to ensure that newer housing stock remains accessible and affordable, enhancing tenant stability in the city's housing market.