Quick Guide to Props » November 6, 2018 » Proposition 10

PROP

EXPANDS LOCAL GOVERNMENTS’ AUTHORITY TO ENACT RENT CONTROL ON RESIDENTIAL PROPERTY. INITIATIVE STATUTE.

Summary

Repeals state law that currently restricts the scope of rent control policies that cities and other local jurisdictions may impose on residential property. Fiscal Impact: Potential net reduction in state and local revenues of tens of millions of dollars per year in the long term. Depending on actions by local communities, revenue losses could be less or considerably more.

Money Raised

Chart depicts total fundraising by all committees primarily formed for and against Prop 10.Totals are updated daily with contributions from Power Search and adjustments from the most recent Political Reform Division analysis.

Largest Contributions

Showing the 10 largest contributions to committees formed primarily for and against Prop 10 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search campaign finance search engine.

Yes on Prop 10

AIDS Healthcare Foundation
08/02/2018

$10,000,000

AIDS Healthcare Foundation
10/03/2018

$5,000,000

AIDS Healthcare Foundation
10/10/2018

$3,000,000

AIDS Healthcare Foundation
10/16/2018

$2,000,000

California Teachers Association
09/14/2018

$500,000

California Nurses Assocation Initiative PAC
09/26/2018

$300,000

Fund for Policy Reform Trust
10/03/2018

$300,000

Fund For Policy Reform, sponsored by Fund for Policy Reform Trust, in support of Expands Local Governments' Authority to Enact Rent Control on Residential Property (nonprofit 501(c)(4))
10/03/2018

$300,000

AIDS Healthcare Foundation
01/24/2018

$250,000

AIDS Healthcare Foundation
04/12/2018

$220,000

No on Prop 10

Michael K. Hayde, including Western National Group & Affiliated Entities
07/10/2018

$2,761,840

ESSEX PROPERTY TRUST, INC., AND AFFILIATED ENTITIES
10/05/2018

$2,258,100

Palmer, Geoffrey H.
08/09/2018

$2,000,000

EQUITY RESIDENTIAL
09/20/2018

$1,862,450

ESSEX PROPERTY TRUST, INC., AND AFFILIATED ENTITIES
10/22/2018

$1,800,000

California Association of Realtors - Issues Mobilization PAC
09/20/2018

$1,750,000

CALIFORNIA ASSOCIATION OF REALTORS ISSUES MOBILIZATION POLITICAL ACTION COMMITTEE (IMPAC)
09/20/2018

$1,750,000

ESSEX PROPERTY TRUST, INC., AND AFFILIATED ENTITIES
04/02/2018

$1,701,790

AVALONBAY COMMUNITIES, INC.
10/09/2018

$1,503,050

California Association of Realtors - Issues Mobilization PAC
10/17/2018

$1,500,000

What your vote means

Yes

A YES vote on this measure means: State law would not limit the kinds of rent control laws cities and counties could have.

No

A NO vote on this measure means: State law would continue to limit the kinds of rent control laws cities and counties could have.

Arguments

Pro

Prop. 10 restores authority to establish rent control in local communities, putting fair, annual limits on the amount landlords can raise rent. This keeps tenants in their homes rather than being pushed far away or into homelessness. TEN protects TENants. Supporters: CALIFORNIA DEMOCRATIC PARTY, California Nurses Association, California Teachers Association, ACLU of California, Housing California, Eviction Defense Network, SEIU, National Urban League, Southern Christian Leadership Conference of Southern California.

Con

Prop. 10 will make the housing crisis worse, not better. Affordable housing advocates agree that Prop. 10 is bad for renters and bad for homeowners! It allows regulation of single-family homes and puts bureaucrats in charge of housing by letting them add fees on top of rent. VOTE NO ON 10!