The hot-button issue drew 67 public speakers spanning about five hours of testimony at the council's Sept. 5 meeting.
CONCORD â Rent stabilization is again on the agenda for the Concord City Council on Tuesday night. The council closed public comment and, after some discussion of the merits of the proposal, continued the item. The proposed Residential Rent Stabilization Ordinance, which â like ordinances in Richmond and Antioch â would cap rent increases at 3 percent annually, or 60 percent of the consumer price index, whichever is lower.
Tenant advocates say high rents likely impact seniors in Concord harder than other groups, as 58 percent of area seniors, according to the Association of Bay Area Governments, are very low-income. It means about 2,000 households in Concord are vulnerable to displacement, according to the East Bay Alliance for a Sustainable Economy, a tenants rights advocacy group. The group says about 29 percent of unhoused people in Contra Costa County are over 55.
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