I urge you to amend the Council Salary increase to be equal with what you have given to housing providers. That is 60% of CPI with a 3% cap. Anything more than that is hypocritical.
At least councilmembers don't have to worry about their salary being decreased as housing providers do. Rents in Oakland are still 9.55% less than where they were in 2017 according to ApartmentList.com.
Neighbors Defending our Homes Coalition (NDH) questions this Progressive Business Tax (PBT) Ballot language that is profoundly INEQUITABLE to Mom & Pop housing providers. Small Rental Property Providers (SRPPs), for example, with the same gross receipts as a grocer will pay 2,800% more tax!
The current PBT ballot measure does nothing to stem the growing tide of displacement of SRPPs & their renters from Oakland. The resultant exodus exacerbates rampant gentrification, lack of affordable housing, & homelessness.
Pretending the 2019 exemption, for which only a few dozen have qualified in 3 years, will address the problem is a sad joke. That “exemption” enabled the City to target more SRPPs with past contributions to their mortgage from family, roommates and low-income renters in a basement or ADU with fines & liens of tens of thousands of dollars going back 30 years & more.
Yet at the same time the CC:
* Plans a 11/22 Ballot Measure for an $850M taxpayer bond, in addition to the currently approved tens of millions of dollars to purchase and build affordable housing.
* Has accommodated big business by reducing to $23M/year planned PBT revenue increases that would have resulted in $40M/year in the original PBT language; and
* Continues to pass motions about the homelessness emergency.
The CC can fix this policy failure by creating the SRPP Business Class separate from multi-millionaire landlords requested by NDH organizations & individuals. We urge you to do so ASAP!
I urge you to amend the Council Salary increase to be equal with what you have given to housing providers. That is 60% of CPI with a 3% cap. Anything more than that is hypocritical.
At least councilmembers don't have to worry about their salary being decreased as housing providers do. Rents in Oakland are still 9.55% less than where they were in 2017 according to ApartmentList.com.
Neighbors Defending our Homes Coalition (NDH) questions this Progressive Business Tax (PBT) Ballot language that is profoundly INEQUITABLE to Mom & Pop housing providers. Small Rental Property Providers (SRPPs), for example, with the same gross receipts as a grocer will pay 2,800% more tax!
The current PBT ballot measure does nothing to stem the growing tide of displacement of SRPPs & their renters from Oakland. The resultant exodus exacerbates rampant gentrification, lack of affordable housing, & homelessness.
Pretending the 2019 exemption, for which only a few dozen have qualified in 3 years, will address the problem is a sad joke. That “exemption” enabled the City to target more SRPPs with past contributions to their mortgage from family, roommates and low-income renters in a basement or ADU with fines & liens of tens of thousands of dollars going back 30 years & more.
Yet at the same time the CC:
* Plans a 11/22 Ballot Measure for an $850M taxpayer bond, in addition to the currently approved tens of millions of dollars to purchase and build affordable housing.
* Has accommodated big business by reducing to $23M/year planned PBT revenue increases that would have resulted in $40M/year in the original PBT language; and
* Continues to pass motions about the homelessness emergency.
The CC can fix this policy failure by creating the SRPP Business Class separate from multi-millionaire landlords requested by NDH organizations & individuals. We urge you to do so ASAP!