The city currently plans to build these as affordable apartments to rent, which would be utterly disastrous, both for the occupants of the affordable housing, and existing city residents.

But if the homes were built as deed-restricted affordable condos for sale we would avoid the negative financial impacts on existing residents and the social/economic harm on the residents of the affordable housing themselves.

Read More: https://www.smobserved.com/story/2022/05/13/opinion/affordable-home-ownership-in-santa-monica-not-affordable-renting/6754.html