Bill to Protect Low Income Homeowners from Skyrocketing HOA Fees Heads to the Governor’s Desk (CA)

/ Owner - September 19, 2023

Assemblymember Matt Haney’s (D-San Francisco) AB 572 passed out of the Senate Floor and heads to Governor’s desk awaiting signature.  This bill prohibits steep homeowner associations (HOA) fee increases that push low income homeowners into foreclosure by capping them at 5% plus the rate of inflation or 10%, whichever is less for below market rate owners.   Read the article………………………..

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