County Exempts Multi-National and Publicly Traded Companies from Eviction Moratorium

County Exempts Multi-National and Publicly Traded Companies from Eviction Moratorium

Los Angeles, CA — Today, the Los Angeles County Board of Supervisors voted to exempt multi-national companies and publicly traded businesses from the County’s emergency tenant protection policies. This exemption ensures that businesses that have the means to pay rent do not exploit the residential and commercial eviction moratorium.

“These tenant protections are keeping families in their homes and small businesses afloat during this crisis,” said Supervisor Janice Hahn, who authored the motion. “They are not meant to pad the bottom line of huge corporations.”

“The economic impacts of this crisis threaten to be just as profound as the public health ones. The vast majority of LA County businesses are small businesses – ones that have up to 100 employees and a median annual revenue of approximately $109,000. That’s not a lot of change to spare,” said Supervisor Mark Ridley-Thomas, who coauthored the motion. “During these unprecedented times, we must all do our part to support these businesses that are the backbone of our economy, especially the ones that have been significantly impacted with a loss of income or impacted personnel due to the COVID-19 crisis.”

In March, the Board of Supervisors put in place an eviction moratorium which prevents both residential and commercial tenants in Los Angeles County from being evicted for not paying their rent due to the COVID-19 pandemic.

Today, in addition to extending the eviction moratorium, the Board adopted a motion authored by Supervisors Janice Hahn and Mark Ridley-Thomas to exclude commercial tenants that are multi-national, publicly traded, or have more than 100 employees from the extended moratorium. The motion also requires that commercial tenants that have between 10 and 100 employees to not have more than six months following the end of the moratorium period to pay back the owed rent.

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  • Eric Carrillo
    commented 2020-05-28 17:48:58 -0700
    This moratorium has run its course!Especially for pre-pandemic cases. It is time to lift it and allow the sheriff to process existing writs of possession, and courts to wrap up Unlawful Detainer cases. It is comprehensible that those who were truly affected and needed help received it-which is warranted by the additional 60 days to respond to a UD. What about those that are taking advantage of this to live for free? Why should those who did not pay before Covid-19 be given the same break as the rest?? Our tenants have not paid rent since November. We have a signed stipulation where the agreement was they vacate the house April 3oth, but they are still there because the felt entitled to the “protections” and have not paid rent, nor have they expressed that they have been affected. I am sure there are several property owners in the same situation. How is this fair to them??? Even people who have lost jobs/income continue to pay rent or at least part of it. Having the courts hold these cases and sheriffs not processing writs allows these individuals to get away with it. There is no recourse or justice for the the honest landlords who want do things the legal way instead of harassing their tenants. This is not merely a rant but a desperate plea for help. Something must be done to help mom & pop property owners!! We are not large corporations nor partnerships, but simply people who are facing difficulty in a time of need.
  • William Kelleher
    commented 2020-05-18 15:04:00 -0700
    Thanks to the LA Co Bd of Sup for protecting the ‘little guy’ and not letting the selfish corporations ‘capitalize’ on the COVID-19 disaster. Renters need protection from greedy landlords who have been gouging us w/o restraint for several years. I urge the Bd to make all rent protections permanent.
  • Clayton T. Lee
    commented 2020-05-14 19:32:56 -0700
    This?! This is what you’re wasting your time on?! This is just more evidence that you people in government see this as an opportunity to “re-open” society in a way that fits your leftist ideology. Fight for ALL in the county. Get everyone back to work. You don’t think the employees of so-called big business feel the pinch too? Profit margins are profit margins.
  • Marilu Meza
    commented 2020-05-12 20:57:12 -0700
    What about the owners of duplex and triplex. We depend of the rent to make a living to eat too. Some tenants have the money to pay and are not paying. How are you going to help us. Many are getting the 600 bonus… have enough money to pay… what’s wrong with u ..janice Hahn. How are u going to help us. We are not big corporations.. we need help