CPI Adjustment for 2023/24

Date postedJune 13, 2023
Posted By: Chip Ahlswede Legislative Affairs, Advocacy Updates,

The Bureau of Labor Statistics (BLS) released its April 2023 CPI adjustments which are used to calculate maximum allowable rent increase percentages under AB 1482.

For Orange County, the CPI adjustment for calculating rent increases has been set at 3.8% - for a total maximum rent increase of 8.8%. 

For Riverside and San Bernardino Counties, the May 2023 CPI adjustment for calculating rent increases has been set at 3.9% - for a total maximum rent increase of 8.9%.

These percentages will be in effect from August 1, 2023 through July 31, 2024 for rentals that are subject to AB 1482.

For more information, click here or contact AAOC at (714) 245-9500 or info@aaoc.com.

Categories

Community Industry Legislative Affairs Advocacy Updates Voter Registration

Most Recent Posts

Stop Rent Control Date postedFebruary 8, 2024Posted by Chip Ahlswede The AAOC Office Has Moved! Date postedJanuary 29, 2024Posted by David Cordero Voice of OC Article - Like Costa Mesa - Housing Solutions Should Be A Partnership Date postedJanuary 8, 2024Posted Santa Ana Sanitation Service Rate Increase Date postedJanuary 5, 2024Posted by Chip Ahlswede Affordable Housing Means Repealing Prop 19 Date postedNovember 21, 2023Posted by Chip Ahlswede