March 1, 2012 through February 28, 2013, the allowable annual increase amount
is 1.9 percent. In accordance with Rules and Regulations Section 1.12, this
amount is based on 60 percent of the percentage increase in the Consumer Price
Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose
region for the 12-month period ending October 31, which was 3.2% as posted in
November 2011 by the Bureau of Labor Statistics.
To calculate the dollar amount of the 1.9 percent annual rent increase,
multiply the tenant's base rent by .019. For example, if the tenant's base rent
is $1,250.00, the annual increase would be calculated as follows: $1,250.00 x
.019 = $23.75. The tenant's new base rent would be $1,273.75 ($1,250.00 +
$23.75 = $1,273.75).
The Rent Board has yet to announce the interest rate payable on security
deposits for the 3/1/12 â€“ 2/28/13 period.
For additional details, please visit San Francisco Rent Board