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News and Events

May 2019 – Sounding the Alarm: A New “Split Roll” Initiative Threatens Businesses and Jobs in California

By Susan Shelley, Howard Jarvis Taxpayers Association via AAGLA Ever since Proposition 13 was passed with the support of nearly two-thirds of California votes in 1978, “reforming” Proposition 13 has been a high priority for the state’s powerful public employee unions and others who see California property owners as an untapped source of government spending money. They were trying to replace Proposition 13 before it even passed. Sharing space on the same ballot was a rival measure, a “reform” hastily cooked up by then Governor Jerry Brown…READ MORE

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APRIL 2019 – LOS ANGELES CITY COUNCIL VOTES TO MOVE FORWARD WITH NEW PROTECTIONS FOR SECTION 8 RENTERS

By Karen Jordan, CoStar, via AAGLA Los Angeles landlords may no longer be able to turn away renters who have Section 8 subsidized-housing vouchers, the latest municipality to take such a step in hopes of addressing the rising cost of housing. The Los Angeles City Council voted 12-0 Wednesday in favor of drafting an ordinance that would prevent landlords from rejecting renters who receive Section 8 federal subsidies, which provide housing assistance payments to landlords on behalf of renters from low-income families as well as the elderly and disabled. If the ordinance is approved, the rule would go into effect Jan. 1, 2020. “We have a significant barrier to affordable housing in this city and that is the denial of people who have Section 8 vouchers who are eligible to be renters in a building who are denied... Read More

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APRIL 2019 – CALIFORNIA AND THE CITY OF LA HAVE NEW ENERGY DISCLOSURE REQUIREMENTS

By Marika Erdely, MBA, LEED AP BD+C The State of California has a regulation, AB802, which requires annual energy reporting for buildings over 50,000 square feet. For multifamily buildings with 17 or more residential meters, reports are due this June, 2019, and public disclosure begins in September, 2020. For commercial buildings with no residential meters, benchmarking reports are due this June. Public disclosure begins September, 2019. Noncompliance for either regulation could result in fees to the owner. Phase One of the City of LA’s, new Existing Buildings Energy and Water Efficiency (EBEWE) Ordinance requires all multi-family and commercial buildings over 20,000 square feet to disclose their energy and water usage annually beginning on June 1, 2019. EBEWE also mandates public disclosure. Starting in 2020, Phase Two of these requirements mandates buildings to either be audited or meet certain energy efficiency achievements or reduce their energy and water usage every 5 years. It is the building owner’s responsibility to comply with these new disclosure laws. Say you own a commercial or multifamily building and you receive a notice from the Department of Building and Safety that you need to comply with EBEWE - what comes next? The energy disclosure reports are known as Energy Star “Benchmarking.” This means uploading at least twelve months of tenant and common area utility data to the Energy Star software, which creates and submits an Energy Star Report to the city or state. This report generates an Energy Star Score. This “score” can range from 1-100, 100 being the most energy efficient score, and is an indicator of how your building’s energy consumption compares to similar buildings. The software also provides Energy Utilization Index (EUI) scores, which are compared against the latest Commercial Building Energy Consumption Survey (CBECS). For AB802, compliance ends here. For EBEWE, just the report isn’t enough. After the report is complete, buildings must undergo an energy audit and retro-commissioning. However, there are many exemptions your building can meet in order to avoid the audit and retro-commissioning, such as reaching an Energy Star Score of 75 or reducing your Source Energy Use Intensity (EUI) by 15% compared to utility data from five years prior to the building’s compliance date. With June only two months away, it can be overwhelming to think about how soon your building’s Energy Star report is due and what could happen if you don’t submit it, or submit it incorrectly. Green EconoME is here to help lift that weight off your shoulders and to make your property more energy efficient and more valuable to tenants and investors. Green EconoME is a woman-owned, multi-disciplinary energy consulting and construction firm providing full scale energy efficiency services to diverse public and private sector clients. We approach every project from a financial perspective, recommending energy efficiency measures only when they make financial and sustainable sense. We want to help you profit from the many incentives that come along when transforming into a more energy efficient building, such as lower utility bills, incentives from utility providers, longer leases, higher market value, and so much more. If you receive a notice that your building must comply with either of these regulations, send us an email or give us a call. Green EconoME have benchmarked over 800 properties and are always looking to explore new opportunities and new technologies that are both energy and financially-friendly! marika@greeneconome.com, tel 818-681-5750. To learn more go to the FAQ page at https://www.greeneconome.com/faq/... Read More

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APRIL 2019 – FAIR HOUSING MONTH BRIEFING: LIABILITY IN INCIDENTS OF HARASSMENT

By David Levy, Fair Housing Council of Orange County Via AAGLA It has been a long established that direct harassing conduct by a housing provider, or their agents or employees, that has a discriminatory motive or intent based on a characteristic protected by fair housing laws can result in liability for a violation of those laws, can result in liability for a violation of those laws. What has been less clear is both the appropriate standard for evaluating possible harassment violations generally ... Read More

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INGLEWOOD EMERGENCY RENT CONTROL ORDINANCE

Via Apartment Owner's Association (AOA) Effective immediately, Southern California City of Inglewood unanimously passed a measure that prevents landlords from: 1) Raising rents by more than 5% and; 2) Evicting tenants for any reasons other than criminal activity or drug use in the rental property. This is for a 45-day period, but they also have the option to extend it a year… Read More

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TAX PLANNING TIPS FOR GLENDALE REAL ESTATE AGENTS

By Robert Hall Tax Associates If you’re a real estate agent in Glendale, California, tax planning is essential. The new 2018 Tax Reform made significant changes to the tax liabilities and benefits afforded to self-employed persons and businesses including real estate agents. Now more than ever, it’s important to plan ahead so you can take advantage of certain deductions and money-saving opportunities come tax season. With the new tax laws, it’s crucial to meet with your trusted local tax advisor to see how the new federal regulations impact you and your real estate business specifically. But to get you started, we’ve listed our top 5 top tax planning tips for Glendale real estate agents... Read More

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MARCH 2019 – LOCAL GOVERNMENT UPDATE

Via AAGLA The County of Los Angeles. Voted on January 15, 2019 to create a Source of Income ordinance for the unincorporated areas of LA County. The ordinance would require that all rental housing providers accept Section 8 tenants and thereby force owners into the Section 8 program. If an owner rejects a tenant based on Section 8, then the owner would be subject to claims of discrimination and penalties. The County staff will now draft a detailed ordinance that will be brought back to the Board of Supervisors for a final vote in 120 days… Read More

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