Executive Order Related to Rent Caps and Price Gouging

Governor Newsom today issued Executive Order N-17-25 related to housing, education, and tax relief laws for areas impacted by the recent fires in Southern California. The specific provisions related to housing are:

• Provision 15 adds three new ZIP codes to prior executive orders providing tax relief and prohibiting real estate speculation.
• Provision 16 exempts housing in zip codes with high fair market values, which has not previously been on the rental market, from statutory rent caps to help ensure rental housing availability during recovery efforts.
• Provision 17 expands rental price gouging protections to leases of any length, rather than only leases of one year or less.

The Executive Order may be found at https://www.gov.ca.gov/wp-content/uploads/2025/02/EO-N-17-25.pdf.

Stay tuned for news and updates on rental housing laws.

The matters discussed herein are being provided for informational purposes only. If you have any questions regarding your property or specific leasing issues, or the requirements of any local or state laws, please consult with your legal counsel.