Action Apartments Association, Inc.

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  • 01/09/2024 11:28 AM | Margaret Fulton (Administrator)

    Effective as of January 1, 2024, the SMHA Payment Standards increase to:

    Read More: https://www.santamonica.gov/housing-payment-standard

  • 01/04/2024 9:20 AM | Margaret Fulton (Administrator)

    Priority for the direct payments, up to $30,000 per unit, will be given to those located in “high-need areas” and income levels at or below 80% of the LA County Area Median Income. Applicants must meet eligibility requirements, such as the rental property being within the County of Los Angeles (excluding the City of Los Angeles), and the landlord being able to provide independently verified authentic proof of ownership.

    Read More: https://smdp.com/2024/01/04/rent-relief-program-targets-smaller-landlords/

  • 01/03/2024 8:06 AM | Margaret Fulton (Administrator)

    The county’s Department of Consumer and Business Affairs launched its Rent Relief Program on Dec. 12. It will offer grants of up to $30,000 per unit to eligible landlords for expenses dating from April 1, 2022 to the present.

    The program is specifically designed to help small, mom-and-pop landlords who own up to four rental units, officials said.

    Read More: https://www.msn.com/en-us/money/realestate/l-a-county-rent-relief-program-for-landlords-open-through-jan-12/ar-AA1mnHxv?ocid=hpmsn&cvid=5d5a74bf4671464f898191d0f52d74bf&ei=71

  • 12/29/2023 10:53 AM | Margaret Fulton (Administrator)

    In November, the median asking rent in the United States witnessed a significant year-over-year drop of 2.1%, hitting $1,967—a substantial decline not seen since February 2020, as reported by Redfin.

    Read More: https://smmirror.com/2023/12/rent-revolt-u-s-asking-prices-drop-2-1-biggest-plummet-since-2020/

  • 12/21/2023 8:39 AM | Margaret Fulton (Administrator)

    A clean-up crew contracted by the City to remove waste and debris left behind by the homeless could be brought "in-house" with expanded hours next spring, according to City officials.

    Deployed every Tuesday and Thursday since late September, the three-member Homeless Support Team (HoST) picked up 7.5 tons of trash in October and 30.7 tons in November as trash totals grow exponentially, City officials said.

    Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2023/December-2023/12_20_2023_Santa_Monica_to_Boost_Homeless_Clean_Up_Efforts.html

  • 12/20/2023 9:47 AM | Margaret Fulton (Administrator)

    by Jay Johnson

    It is bad for RENTERS, bad for our city, bad for homeowners, bad for condo owners, bad for prospective tenants, bad for new construction, and bad for our apartment supply.

    Read More: https://www.smobserved.com/story/2023/12/18/opinion/reasons-not-to-repeal-costa-hawkins-vacancy-de-control-it-will-hurt-renters/8005.html

  • 12/20/2023 9:45 AM | Margaret Fulton (Administrator)

    Under the adjusted salary rates approved by the City Council Tuesday, City Manager David White will earn an annual base pay of $402,552, while Police Chief Ramon Batista will make $376,764.

    Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2023/December-2023/12_19_2023_Council_Approves_Raises_for_City_Manager_Police_Chief.html

  • 12/19/2023 12:15 PM | Margaret Fulton (Administrator)

    The last council meeting of 2023 is actually quite substantial with the Santa Monica Airport, pay bumps for city staff and negotiations for the sale of public land all on the agenda.

    Read More: https://smdp.com/2023/12/19/council-looks-to-award-airport-assessment-contract-in-tuesdays-meeting/

  • 12/19/2023 11:58 AM | Margaret Fulton (Administrator)

    The proposed tax -- placed on the agenda by Councilmembers Jesse Zwick, Gleam Davis and Caroline Torosis -- would increase the City's parking facility tax, which is currently 10 percent.

    Revenues from the measure -- which would preserve free 90-minute parking in the downtown lots -- would be used to "reduce traffic congestion and the risk of traffic fatalities and serious injuries."

    Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2023/December-2023/12_18_2023_Council_Takes_Up_Tax_to_Boost_Traffic_Safety.html

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