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Height, Density Limits Curb Santa Monica's Ability to Meet Affordable Housing Goals

11/20/2019 7:55 AM | Margaret Fulton (Administrator)

Santa Monica will have to allow taller, denser buildings on major thoroughfares if it hopes to meet its affordable housing goals, according to a new report.

An analysis by HR&A Advisors, Inc. found that developments that set aside 20 percent of the units for low- and moderate-income tenants would not be financially feasible under the City's current standards for mixed-use residential developments.

Read More: http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2019/November-2019/11_19_2019_Height_Density_Limits_Curb_Santa_Monicas_Ability_to_Meet_Affordable_Housing_Goals.html

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