06 Jan January 2020
“We must become educated in order to not become victims…”
First, I would like to thank each of you for allowing me to serve as your 2020 President of this great Association. It is truly an honor to serve in this capacity. January 2020 finds us in uncharted territory as we are now faced with not only Statewide Rent Control, as well as many cities which have enacted various forms of price/or rent control.
I hope that you are all aware that at the Long Beach City Council meeting on December 10, 2019, our elected officials realized that the ordinance repealing Chapter 8.97 of the Long Beach Municipal Code relating to Tenant Relocation Assistance was the right thing to do in the best interest of tenants and property owners, which will become effective January 1, 2020. This will provide a lot of clarity for all of us because we will only have to comply with the State Bill 1482. This action is a prime example where working together with our elected officials is essential in educating them on issues that we know so well. We owe thanks to two of our Board Members, Elaine Hutchison and Keith Kennedy, who were at the table working with council members and the Mayor’s office to accomplish this.
We must become educated in order to not become victims of not complying with these new laws. As we all know the most effective way to deal with the housing crisis is to build more housing, which is easier said than done. In my opinion there must be the political will to seriously deal with this issue.
The real challenge is that we are facing higher construction costs, including regulatory fees and the unwillingness to increase density wherever possible. While the economic growth is starting to slow down, fundamentals for the multifamily industry remain strong. As housing affordability becomes an ever-increasing challenge for Cali fornia, we must continue to focus on generating solution oriented thinking by creating new collaborations with various organizations to forge lasting consensus to develop lasting pathways to solve the state’s housing crisis.
I have had several members contact me indicating that they see value in becoming more involved and have volunteered to serve on various committees that will be actively working on our issues in 2020. I am asking that anyone willing to become more active to contact me, and we will find a committee for you to serve on.
As housing providers, we must be at the table in all these discussions. I am counting on each of you to help us continue to be stakeholders in this process. I can only have a successful year as President of this Association with your support.
Thank you once again for the opportunity to serve as your 2020 President, and I hope that you will RSVP to the Association and join us for the first Membership Meeting of the year and Installation of the 2020 Officers and Directors on January 23, 2020, at 6:30 p.m. at The Grand in Long Beach.