Mobilehome Affordability Act caps rent increases in mobilehome parks in Torrance, California.

The Mobilehome Affordability Act establishes rent caps for mobilehome parks in the City of Torrance, California. It limits annual rent increases to 3% plus the percentage change in the cost of living, or 5%, whichever is lower. The act applies to rent increases occurring on or after January 5, 2026, and January 1, 2027. It also addresses rent overpayments and provides exceptions for certain mobilehome spaces. The act aims to mitigate the adverse impacts of disproportionate rent increases on low-income residents and seniors.

Mobilehome Affordability Act caps rent increases in mobilehome parks in Torrance, California.

The Mobilehome Affordability Act establishes rent caps for mobilehome parks in the City of Torrance, California. It limits annual rent increases to 3% plus the percentage change in the cost of living, or 5%, whichever is lower. The act applies to rent increases occurring on or after January 5, 2026, and January 1, 2027. It also addresses rent overpayments and provides exceptions for certain mobilehome spaces. The act aims to mitigate the adverse impacts of disproportionate rent increases on low-income residents and seniors.