The AGGLA continues LA following the moratorium on eviction
the Association of Greater Los Angeles Apartment filed a lawsuit against the city of Los Angeles in Federal Court to challenge the moratorium on indefinite evictions and the moratorium on rent freezes in Los Angeles. According to the organization, these regulations oblige owners to “absorb the economic losses declared by residents linked to the crisis.
“Clearly, the actions taken by the City of Los Angeles under its moratoriums represent an unreasonable and uncompensated take of the basic property rights of the city’s rental housing providers. ” Daniel M. Yukelson, executive director of the Greater Los Angeles Apartments Association, told GlobeSt.com.
These restrictions have been in place for three months since the start of the pandemic. The end date of the ban is tied to the city-wide emergency ordinance, which appears to be in effect indefinitely. “The eviction ban is being challenged now because there is no apparent end in sight if or when the city, mayor or city council lift the local declaration of emergency,” Yukelson said. “The moratorium allows residents to stay rent-free for a full year after the emergency ban is lifted and removes interest and late fees without any requirement for documentation to prove the need for these interest-free loans.”
Los Angeles – like most cities – has a close concentration of small independent owners, who cannot support apartment operations without income. According to AAGLA, this is a violation of private contract negotiations, but could also lead to hundreds of millions of dollars in liability. “Without an end in sight or without any kind of financial assistance whatsoever available to the city’s housing providers, many will be forced into foreclosure,” says Yukelson. “The city’s housing providers are mostly small ‘mom and pop’ landlords who, like renters, were already struggling financially and were living month to month before the pandemic began. Many of the city’s housing providers have also lost full-time jobs or have been affected by the coronavirus and have very few financial reserves to deal with a long-term emergency. Many of these landlords not only find it difficult to meet the financial obligations of maintaining and managing their rental property, but they have also struggled to provide housing, food and clothing. their families.