We reported yesterday that the state Assembly had dashed hopes for Ellis Act reform, but SF Gate reports today that after the 19-18 against moving forward with Mark Leno’s reform bill, last minute bargaining has resuscitated the bill. The legislations would require owners to hold a building for five years before carrying out any Ellis Act evictions.
…. Leno promised to make several key amendments Thursday to garner the 21 votes needed to keep the bill afloat before a Friday deadline.
The yet-to-be-written amendments would exempt one or two small properties owned by “mom-and-pop” landlords from new Ellis Act restrictions and may also include a sunset date for the bill. READ MORE