Action Apartments Association, Inc.

Facebook Twitter RSS

  • Home
  • Santa Monica Council Sets Highest Affordable Housing Requirement in State for Downtown

Santa Monica Council Sets Highest Affordable Housing Requirement in State for Downtown

07/27/2017 1:00 PM | Margaret Fulton (Administrator)

July 27, 2017 -- The Santa Monica City Council on Tuesday narrowly voted to require up to 30 percent of all new multi-family housing downtown be designated affordable, likely the highest threshold of its kind in California.

The 4-3 vote came after hours of warnings from developers who said they would be unable to shoulder the cost of more affordable units, and renters, who said the council must address the critical shortage of housing for lower-income earners.

Read More:  https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/July-2017/07_27_2017_Santa_Monica_Council_Sets_Highest_Affordable_Housing_Requirement_in_State_for_Downtown.html

AND

http://smdp.com/final-dcp-debate-defined-by-affordable-housing/161896

Copyright ©2024 ACTION Apartment Association, Inc.

Equal Opportunity Housing
Powered by Wild Apricot Membership Software