
Friday, April 25, 2025
Rent Caps Now Required After Renovations
The City of Santa Barbara recently passed amendments to renovation ordinance which will now include:
- Right-to-return rent caps after substantial remodels at 5% + CPI or 10% whichever is lower
- Obtaining a written opinion by a second contractor on if a tenant can stay in place during a renovation
- “Cool Off” period of 1 year after acquiring a property of 5+ rental units