Santa Monica voters passed Measure FS on Tuesday night that will now give the Rent Control Board the chance to discuss and possibly increase the City’s Rent Control registration fee up to $288 per unit annually of which a landlord can pass down 50 percent to renters.
The City’s Rent Control department currently has a maximum annual registration fee of up to $174.96 per controlled rental unit.
The Measure FS ‘yes’ vote collected 51.5 percent of the vote (8,860 votes) while the ‘no’ vote collected only 8,343 votes (48.5 percent).
Read Friday’s edition of The Mirror for detailed analysis on what this means for Santa Monica residents.
