Originally written to become operative 120 days after enactment, the legislation which will require landlords in San Francisco who evoke the Ellis Act to pay their evicted tenants an upfront sum equal to the difference between their current rent and a market rate unit over the course of two years has been amended to become effective 30 days after enactment and the amended legislation was approved by the Board of Supervisors in its first reading this afternoon by a vote of 9 to 2.
As we first noted last month, any tenant who has not yet vacated their unit by the effective date of the ordinance shall be entitled to the full two-year subsidy, regardless of whether their eviction notice was served prior.
Assuming the legislation is passed in a second vote next week, it will be sent to the Mayor to sign, veto or ignore. The countdown to the effective date will start ticking once the Mayor returns the ordinance, signed or unsigned; a veto is overridden by the Board; or the Mayor ignores the ordinance for ten days.
Positioned as an act “to combat displacement” rather than to discourage use of the Ellis Act which is state law, expect the ordinance to be challenged in the courts after adoption.
UPDATE: We originally reported that the legislation as amended would become operative 60 days after enactment, the amended effective date is actually 30 days after enactment as the entire 90 day operative period has been dropped.