Last Tuesday, over 40 people came to the Menlo Park City Council meeting to ask them to pass the Housing Commission’s recommended Tenant Relocation Assistance ordinance. At the end of a long meeting, in a 3-2 vote with Vice Mayor Cecilia Taylor and Councilwoman Betsy Nash opposed, the Council approved a limited ordinance modeled on one passed in Redwood City last year.
The ordinance will apply only to low-income renters forced out of their homes because the landlord of a property of five or more units is opting to permanently remove the unit from the rental housing market and will require landlord to give qualifying tenants relocation assistance equal to three months of fair-market rent (currently $8,427 for a two-bedroom apartment). Recent news from Redwood City demonstrates why this is insufficient, as long-time renters receive no compensation when forced to move as their rents double. Click here to read a detailed summary from the Almanac.
The Menlo Park City Council decided to pair the Tenant Relocation Assistance ordinance with a community fund for renters not eligible for assistance through the ordinance. At this Tuesday’s City Council meeting Council will have the first discussion about the fund.