Cal. Code Regs. Tit. 21, § 2657 - Rent Standards

(a) Rent charged to tenants who qualify for the Affordable Rent Program will be the Affordable Rent Level. Any rent increase made under the provisions of the Affordable Rent Program shall be limited as follows: if current rent is below the Affordable Rent Level, there will be annual 10% rent increases until actual rent equals the affordable rent level. In no case shall the rent in the affordable rent program exceed the fair market rent.

(b) Tenants in the Affordable Rent Program who are paying rent above their Affordable Rent Level will have their rent reduced to their Affordable Rent Level. This rent reduction will begin the first full month following the effective date of these regulations and not before.

Notes

Cal. Code Regs. Tit. 21, § 2657

1. New section filed 12-24-2012 as an emergency; operative 12-24-2012 (Register 2012, No. 52). A Certificate of Compliance must be transmitted to OAL by 6-24-2013 or emergency language will be repealed by operation of law on the following day.
2. Editorial correction of HISTORY 1 (Register 2013, No. 26).
3. New section refiled 6-24-2013 as an emergency; operative 6-24-2013 (Register 2013, No. 26). A Certificate of Compliance must be transmitted to OAL by 9-23-2013 or emergency language will be repealed by operation of law on the following day.
4. New section refiled 9-23-2013 as an emergency; operative 9-23-2013 (Register 2013, No. 39). A Certificate of Compliance must be transmitted to OAL by 12-23-2013 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 9-23-2013 order, including repealer and new section, transmitted to OAL 12-18-2013 and filed 1-7-2014; amendments effective 1-7-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 2).

Note: Authority cited: Section 65580, Government Code; and Section 104.6, Streets and Highways Code. Reference: Section 65580, Government Code; and Section 104.6, Streets and Highways Code.

1. New section filed 12-24-2012 as an emergency; operative 12-24-2012 (Register 2012, No. 52). A Certificate of Compliance must be transmitted to OAL by 6-24-2013 or emergency language will be repealed by operation of law on the following day.
2. Editorial correction of History 1 (Register 2013, No. 26).
3. New section refiled 6-24-2013 as an emergency; operative 6-24-2013 (Register 2013, No. 26). A Certificate of Compliance must be transmitted to OAL by 9-23-2013 or emergency language will be repealed by operation of law on the following day.
4. New section refiled 9-23-2013 as an emergency; operative 9-23-2013 (Register 2013, No. 39). A Certificate of Compliance must be transmitted to OAL by 12-23-2013 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 9-23-2013 order, including repealer and new section, transmitted to OAL 12-18-2013 and filed 1-7-2014; amendments effective 1-7-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 2).