The update also directs exploration of additional resources for small landlords facing maintenance issues
Mayor Karen Bass signed an update to the city’s Rent Stabilization Ordinance on Dec. 23, the first revision in nearly 40 years, imposing new limits on rent increases for units covered by the measure.
The ordinance, approved by the City Council earlier in December and affecting about 74% of rental units in Los Angeles, caps annual rent hikes between 1% and 4%. It also prohibits increases when tenants add family members such as children or elderly relatives under their care and eliminates certain utility-related surcharges…