Action Apartments Association, Inc.

Facebook Twitter RSS

  • Home
  • Santa Monica Mayor Appears on CNN Asking for Federal Bailout

Santa Monica Mayor Appears on CNN Asking for Federal Bailout

05/26/2020 5:12 PM | Margaret Fulton (Administrator)

Santa Monica Mayor Kevin McKeown appeared on CNN over the weekend and made the case for a bailout for the city from the federal government.

“Things are financially pretty grim. We want to get the city reopened as quickly as we can, but we need to protect people not only from each other, but from themselves. Our local economy has tanked. We are a tourism town. People have been coming here for over 100 years. Tourism has ended, for the time being, our hotels are empty, our restaurants are doing just pickup and delivery, the City revenue there has, therefore, cratered and we have done an estimate that over the next two years, we are down by $224 million in this city,” McKeown told CNN.

Read More: https://smmirror.com/2020/05/santa-monica-mayor-appears-on-cnn-asking-for-federal-bailout/

Copyright ©2025 ACTION Apartment Association, Inc.

Equal Opportunity Housing
Powered by Wild Apricot Membership Software