Action Apartments Association, Inc.

Facebook Twitter RSS

  • Home
  • Santa Monica Takes Initial Step to Dramatically Boost Housing Production

Santa Monica Takes Initial Step to Dramatically Boost Housing Production

12/16/2019 11:18 AM | Angelica Jue (Administrator)

Accepting the daunting task of building 9,000 new housing units over the next decade -- more than two-thirds of them affordable -- the City Council this week began exploring removing caps on development.

The State-mandated target -- which Councilmembers said they would not contend -- cannot be met by continuing to rely on developers to include affordable units in market-rate projects, the Council agreed.

Instead, massive new funding must be found to develop the projects on public land -- including in the Bergamot area in the city's old industrial zone -- and along major boulevards, such as Wilshire.

Read More: http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2019/December-2019/12_13_2019_Santa_Monica_Takes_Initial_Step_to_Dramatically_Boost_Housing%20Production.html


Copyright ©2020 ACTION Apartment Association, Inc.

Equal Opportunity Housing
Powered by Wild Apricot Membership Software