Tools and information about the 2022 AGA and annual security deposit interest payment.
The Berkeley Rent Board has adopted the 2022 Annual General Adjustment (AGA) of 2.1%. Beginning January 2022, landlords may raise rent ceilings by 2.1% after giving tenants a proper written notice of rent increase. A landlord is not eligible for the 2022 AGA if a tenancy started in 2021, or if the property is not properly registered with the Rent Board.
The 2021 security deposit interest rate is 0%. The Berkeley Rent Ordinance requires that landlords return annual interest on tenants’ security deposits by the end of December, but since the interest rate is 0% for 2021, there is no requirement to return any security deposit interest for this year.
Helpful tools and information: