EBRHA at Work A M E S S AG E TO C I T Y CO U N C I L F R O M WAY N E R O L A N D
Despite numerous outreach attempts by EBHRA, only two Oakland Councilmembers (Kalb and Taylor) made attempts to reach out to EBRHA to discuss the impact of Councilmember Fife’s propose cut of the city’s allowable 6.7% increase. Council passed the ordinance May 31, 2022 to permanently cut the formula (60% of CPI) and cap it at 3% by a vote of 6-2.
Wayne Rowland
Wayne Rowland, EBRHA Board President, delivered a strong message to City Council on behalf of rental property owners.
On average, rents in Oakland have been declining steadily since 2016, but rental operating costs have been rising significantly due to much higher inflation the last 12 months. [Source: Zumper]
6 MAY+JUNE 2022 / EBRHA.COM
