East Palo Alto to vote on tax for landlords to fund affordable housing

October 19, 2022 / 10:05 PM / CBS/Bay City News Service EAST PALO ALTO (CBS SF/BCN) – A ballot measure goes before East Palo Alto this November tha...

October 21, 2022
3:52 AM

October 19, 2022 / 10:05 PM / CBS/Bay City News Service EAST PALO ALTO (CBS SF/BCN) – A ballot measure goes before East Palo Alto this November that would place a 2.5% tax on rental residential properties in an effort to fund affordable housing development and, if necessary, provide rental assistance to help residents avoid homelessness.The Measure L tax increase would apply to residential property owners and could not legally be passed on to tenants via increased rent or a surcharge, according to city officials.