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IMPORTANT: Please read thoroughly for help with your invoice.


Dear East Bay Rental Housing Association and EBRHA PAC,


You recently received an invoice for a recommended contribution to our EBRHA Costa-Hawkins Fund.


If you have already paid this invoice or spoken with us regarding this, please disregard this message.

 

Rental housing associations statewide are working to raise at least $80 million to fight Proposition 33, a repeal of Costa-Hawkins, which will be on the ballot this November. EBRHA has calculated an amount for each of our members as a recommendation so we can contribute to this goal.


Most of our members were invoiced for this optional contribution along with their annual membership renewal dues. Since you already paid your 2023-2024 membership renewal prior to the start of this campaign, you recently received a separate invoice with your recommended contribution towards the EBRHA Community Impact Fund and CalRHA campaign to stop the repeal of Costa-Hawkins.


Please reach out to us if:

  1. You have already contributed to this campaign
  2. You do not wish to contribute to this campaign
  3. You wish to contribute a different amount


You can contribute a different amount online here.

If you have already contributed to this campaign, we greatly appreciate your support! 


Your decision regarding this contribution will have NO impact on your access to membership benefits. For questions about membership renewals or this campaign, please contact us at info@ebrha.com.


What is Costa-Hawkins?

The Costa-Hawkins Rental Housing Act is a California state law that protects Vacancy Decontrol - a policy that allows rental housing providers to reset the rental rate on any rent-controlled apartment after a renter moves out. Costa-Hawkins is also extremely important because it exempts all single-family homes, condominiums, and new construction built after 1995 from Rent Control.

What will the Repeal of Costa-Hawkins Cost You Over 5 Years?

A renter first rents a 1-bedroom apartment in 2020 at $1,400 per month. Assuming a local rent cap of 3% per year, the rent is $1,530 in 2023 when the renter vacates the unit. What is the rent you can set upon vacancy and the financial impact of vacancy decontrol vs. control?


Over a five-year period, you could lose $14,901 for each 1-bedroom rental unit.


EXAMPLE:


Owner set the monthly rent at the current market value: $1,757

Rent per year with

DECONTROL


Year 1 - $21,717


Year 2 - $22,369


Year 3 - $23,040


Year 4 - $23,731


Year 5 - $24,443

Rent per year with

CONTROL


$18,911


$19,478


$20,062


$20,664


$21,285

DIFFERENCE

per year


-$2,806


-$2,891


-$2,978


-$3,067


-3,159

Total Loss After 5 Years: -$14,901

Can you afford those losses?


How Will My Contribution Help?


  • Protect Vacancy Decontrol
  • Protect New Construction, Single-Family Homes, and Condos from Rent Control


Advocacy Efforts to Stop the Erosion of Property Rights:

  • Rallies
  • Lobbying
  • Town Halls
  • Awareness Campaigns (Digital & Print)
  • Taskforce & Alliance Support

Support Other Local Legal Battles

  • Stop TOPA
  • More Onerous Rent Control Provisions
  • Pending 2024 Ballot Measures
  • Research Housing Forward Candidates


How Was My Contribution Calculated?

Through careful membership assessment, EBRHA has recommended an amount based on each membership type to help us reach our contribution goal toward statewide fundraising efforts.


We understand the circumstances that our members are facing, and we are grateful for any support you can provide to help us advocate for your best interests.


Please contribute the recommended donation included on your EBRHA invoice. If you have any questions or need assistance, please contact us.



Thank you.

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EBRHA: The Essential Resource to the Housing Community