Pasadena's new Rental Housing Board, which was approved by voters in the November election, is set to adopt the city's first rent increase limit, a 2.75% cap.

The cap covers rent increases during the 12-month period from Oct. 1 through September 2023. The cap is the first action taken under Measure H, an initiative that was described on the city's election ballot as the Pasadena Charter Amendment Initiative Petition Measure Imposing Rent Control, the Pasadena Star New reported.

The new rules will apply to an estimated 25,000 Pasadena apartments. Measure H calculates the Annual General Adjustment—that's what the new board, who began meeting in December, calls rent increases—by assessing 75% of the increase in the Los Angeles region's Consumer Price Index for the 12-month period ending March of the year that the cap is set.