Slight Increase in Ellis Relocation Payments Beginning March 1, 2006
Pursuant to Rent Ordinance section 37.9A(e)(3)(D), the amount of Ellis relocation payments is increased due to inflation on March 1 of each year. The increase is calculated on the rate of increase in the "rent of primary residence" expenditure category of the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose Region for the preceding calendar year. Since the measure did not increase in 2004, in 2005 the relocation payments remained $4,500 per tenant with a cap of $13,500 per unit, with an additional $3,000 for elderly or disabled tenants. The measure showed a net increase of 0.00076 in 2005. For Ellis notices filed between March 1, 2006 and February 28, 2007, the following relocation amounts are therefore due: $4,503.42 per tenant with a cap of $13,510.26, with an additional $3,002.28 for elderly or disabled tenants.