May 14th, 2020
CalRHA Commends Governor Newsom for Providing Much-Needed Tax Relief to California Property Owners
Governor Newsom’s Executive Order Waives Late
Fee Penalties Through May 2021
SACRAMENTO, Calif. – May 14, 2020 – Rental housing providers are finding relief in Governor Newsom’s Executive Order canceling late penalty fees on property taxes through May 2021. For rental property owners, the shelter-in-place orders have made it difficult to provide housing at a time when many renters are unable to make full rental payments.
Sid Lakireddy, President of the California Rental Housing Association (CalRHA) issued the following statement:
“CalRHA thanks Governor Newsom for his decision to provide some relief for property owners who have been hit hard during this health crisis. Many rental housing providers are struggling to stay afloat with the multiple monthly financial obligations hanging over their head while they house renters also suffering. This type of relief for property owners is the right thing to do during stressful times, and we are glad that Governor Newsom took this step forward.”
While rental property owners keep renters housed during a worldwide pandemic, they can now find some relief in Governor Newsom’s decision to extend late penalty fees for a year. This is a good first step and CalRHA looks forward to working with the Administration and state legislative leaders towards more stable, long-term relief that benefits both renters and rental property owners.