July 28, 2017 -- The Santa Monica City Council on Tuesday approved a pilot project of “last resort” subsidies for an impoverished elderly population which, after decades living in rent-controlled apartments, can no longer make rent.

Preserve Our Diversity (POD) was approved unanimously, but City officials acknowledged it will help only 26 households –- out of an estimated 6,000 households in Santa Monica so “rent burdened” they are in jeopardy of eviction.

“There are thousands of people in the same situation,” said Michael Soloff, chairman of the City’s Housing Commission, which first recommended the subsidizes to the council as part of an overall package of affordable housing initiatives in 2015.

Read More:  https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/July-2017/07_28_2017_Santa_Monica_to_Launch_Experiment_in_Last_Resort_Subsidies_for_Elderly_Poor_Renters.html

AND

http://smdp.com/council-approves-new-subsidy-for-senior-renters/161919