California AB2689 establishes good cause for lease nonrenewal in low-income housing if income exceeds 140% of area median income for two years and.

California AB2689 amends the Health and Safety Code to define good cause for lease nonrenewal in qualified low-income buildings. This applies when a household's income exceeds 140% of the area median income for two consecutive years and 30% of the household's monthly income exceeds the applicable fair market rent. Owners must notify households if their income exceeds the threshold and can cite this as good cause for lease nonrenewal, provided they give at least 90 days' notice.

California AB2689 establishes good cause for lease nonrenewal in low-income housing if income exceeds 140% of area median income for two years and.

California AB2689 amends the Health and Safety Code to define good cause for lease nonrenewal in qualified low-income buildings. This applies when a household's income exceeds 140% of the area median income for two consecutive years and 30% of the household's monthly income exceeds the applicable fair market rent. Owners must notify households if their income exceeds the threshold and can cite this as good cause for lease nonrenewal, provided they give at least 90 days' notice.