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LA City 4% Increase Insufficient - Santa Monica Daily Press - Vimarsana News

LA City 4% Increase Insufficient - Santa Monica Daily Press

Almost a year ago, January 31, 2023, the Los Angeles City Council had finally declared that the COVID-19 emergency was finally over, and with that, they promised the “emergency” rent freeze would expire 12-months later effective on January 31, 2024, allowing housing providers to finally get back to normal operations of collecting rent and responding to unprecedented inflationary pressures. This promise that so many of the City’s rental housing providers had relied-upon, was broken.

Source: smdp.com
Apt. Association of Greater L.A. Files a Third Lawsuit Against the City of Los Angeles - Vimarsana News

Apt. Association of Greater L.A. Files a Third Lawsuit Against the City of Los Angeles

LOS ANGELES, July 24, 2023--The Apartment Association of Greater Los Angeles (AAGLA) announced today that it has filed a lawsuit against the City of Los Angeles ("City") seeking to nullify and enjoin the City from enforcing an ordinance prohibiting rental housing providers from increasing rent ("Rent Freeze Ordinance") as violative of the United States and California Constitutions on the grounds that it deprives the Association’s members of due process by effectively denying property owners from

Source: yahoo.com
Apartment Association of Greater Los Angeles (AAGLA) Territory Expansion Approved - Vimarsana News

Apartment Association of Greater Los Angeles (AAGLA) Territory Expansion Approved

Press release content from Business Wire. The AP news staff was not involved in its creation. Apartment Association of Greater Los Angeles (AAGLA) Territory Expansion Approved April 21, 2021 GMT LONG BEACH, Calif.--(BUSINESS WIRE)--Apr 21, 2021-- The Apartment Association of Greater Los Angeles ( www.aagla.org ) has received approval by the National Apartment Association of its application seeking territory expansion permitting it to expand its territory and cover the Southeastern Section of Los Angeles County previously held by the Apartment Association, California Southern Cities (AACSC). A...

Source: apnews.com