The Los Angeles City Council housing committee recommended Wednesday that tenants of city rent-controlled units should get a four-month reprieve on rent increases as a result of L.A's high unemployment and stagnant economy.
"It's a very contentious issue and I think that the apartment owners -- God bless 'em -- need some form of an increase (but) their tenants are in distress,'' said Councilman Herb Wesson, chairman of the Housing, Community and Economic Development Committee.
If you like this story, consider signing up for our email newsletters.
SHOW ME HOW
You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!
Owners of rent-controlled residences were allowed under law to increase rents by three percent starting July 1. But the committee recommended to the council a temporary halt for three months, with an additional two-month extension possible.
Councilman Richard Alarcon has asked the council for an even more-generous rent-increase moratorium of one year. The council will take up the issue Friday.
-With reporting from Weekly wire services. Got news? Email us.
Got news? Email us.