tenants

While it works to allow more housing — the lack of which economists say is the underlying cause of the affordability crisis — the city is taking steps to increase protections for departing tenants.

Current relocation payments top out at $25,700, which can run out quickly when long-term tenants protected by rent stabilization are suddenly forced to pay rent at today’s prices.

The department said it also took steps to lessen displacement of low-income Angelenos by offering greater incentives in high-opportunity communities, especially along major streets more likely to have commercial tenants.

He said displacement is also disruptive and departing tenants could “fall through the cracks” and not receive their money, find temporary housing and return to a new home.

That’s because renters in New York are held responsible for paying the broker that the landlord hired to find tenants.