Sacramento, CA – Today, Governor Brown signed SB 400 by Senator Anthony Portantino, D – La Cañada Flintridge, which requires Caltrans to freeze the rent of its tenants who participate in the “Affordable Rent Program” until January 1, 2020.
“I would like to thank Governor Brown for signing this important district bill. SB 400 will provide long-standing tenants ﬁnancial relief and the opportunity to purchase their homes at an affordable price. Though I’m disappointed that we could not capture every tenant in this bill with a rent freeze, I am pleased that those in
the most need of help received it,” commented Portantino.
Earlier this year, the LA County Metropolitan Transportation Authority (MTA) voted on a measure that recommends an alternative approach to the region’s transportation needs other than building the SR 710 tunnel. MTA’s action is the de facto end to the threat of the 710 tunnel and clears the way for the homes to be sold.
SB 400 passed the legislature with bipartisan support. The bill was supported by the mayors of Los Angeles, Pasadena and South Pasadena.