Action Apartments Association, Inc.

Facebook Twitter RSS

  • Home
  • Construction of Affordable Housing in Santa Monica Expected to Drop Again

Construction of Affordable Housing in Santa Monica Expected to Drop Again

02/07/2017 11:00 AM | Margaret Fulton (Administrator)

February 7, 2017 -- The construction of new apartments in Santa Monica earmarked for lower-income earners is dropping again in 2017, a trend that could continue over the next few years, according a new City report.

The City finished the 2015-2016 fiscal year with 19 percent of all new multi-family housing units set aside for very low income to moderate-income earners, or 34 units of a total of 175 units.

But that percentage -- down from past years -- is already dropping.

Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2017/February-2017/02_07_2017_Construction_of_Affordable_Housing_in_Santa_Monica_Expected%20to%20Drop_Again.html


Copyright ©2024 ACTION Apartment Association, Inc.

Equal Opportunity Housing
Powered by Wild Apricot Membership Software