Action Apartments Association, Inc.

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  • 04/29/2019 8:33 AM | Margaret Fulton (Administrator)

    The number of affordable housing units permitted to start construction last year increased by nearly 60 percent to 1,101 units, according to figures the city submitted to the state earlier this month.

    Read More: https://www.msn.com/en-us/money/realestate/1101-affordable-units-were-permitted-in-los-angeles-last-year-up-by-nearly-60-percent-from-2017/ar-BBWkjqK

  • 04/29/2019 8:29 AM | Margaret Fulton (Administrator)
    Senate Constitutional Amendment 5. This measure would make it easier to pass tax increases by cutting the vote needed to approve education parcel taxes from the current two-thirds down to just 55 percent. 

    SCA 5 is an attack on Proposition 13, which says any local parcel tax must be approved by two-thirds of voters.

    We’d like to update you on the outcome of the hearing in the committee. The bill did pass out of committee by a vote of 4-3.

    Read More: http://citizensjournal.us/action-alert-update-sca-5-narrowly-approved-but-moving-forward/

  • 04/26/2019 11:37 AM | Margaret Fulton (Administrator)

    CITY OF SANTA MONICA Public Notice

    The City of Santa Monica announces it has committed funds in the amount of $14,098,131 to Community Corporation of Santa Monica for the acquisition of properties located at 1834, 1840, 1844 and 1848 14th Street

    Read More on page 8: http://backissues.smdp.com/042619.pdf

  • 04/26/2019 9:57 AM | Margaret Fulton (Administrator)

    At the April 9 Santa Monica City Council meeting approval was given to order the staff to publish an RFP to developers for the demolition of Parking Lot #3 at 1318 Fourth Street and the design and construction of a new structure with over one hundred affordable housing units. Further, this new structure would also house a replacement to the Samoshel facility at 505 Olympic Boulevard, which I am told currently provides transitional housing for some 70 homeless adults as well as other forms of assistance.

    Read More: https://smmirror.com/2019/04/sma-r-t-column-what-are-they-thinking/

  • 04/26/2019 9:46 AM | Margaret Fulton (Administrator)

    A bill sponsored by Santa Monica Assemblymember Richard Bloom to expand rent control to buildings that are more than 10 years old will have to wait until next year.

    Blooom announced Wednesday night that he had pulled AB 36, which would have made "modest reforms" to a statewide law that allows owners of most vacant rent controlled units to raise the rent to market rates.

    Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2019/April-2019/04_25_2019_Blooms_Rent_Control_Bill_Likely_Delayed_Until_Next_Year.html

    AND: https://www.smdp.com/blooms-rent-control-bill-stalls-in-sacramento/174897

  • 04/26/2019 9:06 AM | Margaret Fulton (Administrator)

    With rental prices soaring, Santa Monica's Pico Neighborhood is rapidly changes, a topic that will be explored during a symposium at Santa Monica College (SMC) next month.

    Presented by the college's Public Policy Institute (PPI), the 2019 Spring Symposium explores how "policy approaches prevent displacement in neighborhoods affected by gentrification,” organizers said.

    Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2019/April-2019/04_25_2019_Santa_Monica_College_Symposium_Focuses_on_Pico_Neighborhood.html

  • 04/26/2019 8:13 AM | Margaret Fulton (Administrator)

    AB 1482 would restrict rent increases to 7.5 percent

    With almost unanimous support, a proposal to place a limit on rent hikes statewide is advancing in the California Assembly.

    State-mandated caps on annual rent increases would be tied to the consumer price index (CPI), a common measure of inflation, plus 5 percent, under AB 1482, which passed the assembly’s committee on housing and community development Thursday.

    Read More: https://www.msn.com/en-us/money/realestate/proposal-to-cap-rent-hikes-statewide-moves-forward/ar-BBWisUd

  • 04/26/2019 8:10 AM | Margaret Fulton (Administrator)

    The entire Santa Monica Police Department, and officers from the CHP, Torrance Police Department, and other jurisdictions attended the funeral of officer Rashad Riley. Riley drowned on Friday April 12, while swimming in the waters of Kauai.

    Read More: https://www.smobserved.com/story/2019/04/25/news/hundreds-of-officers-and-others-attend-funeral-of-rashad-riley-at-st-monicas-catholic-church/3914.html

  • 04/25/2019 10:28 AM | Margaret Fulton (Administrator)

    Two developments that have sparked protests from Ocean Park residents are moving forward.

    City Council voted Tuesday to deny appeals filed by South Ocean Avenue Residents (SOAR) and UNITE HERE Local 11 against multi-story, mixed-use buildings at 1828 Ocean Ave. and 1921 Ocean Front Walk. The groups claimed the developers will the buildings as an extension of their two adjacent hotels, Shutters on the Beach and Hotel Casa Del Mar. SOAR also contends that the five-story Ocean Avenue building will box in the low-slung homes along Vicente Terrace.

    Read More: https://www.smdp.com/two-developments-that-have-sparked-protests-from-ocean-park-residents-are-moving-forward/174861

  • 04/25/2019 10:20 AM | Margaret Fulton (Administrator)

    Beginning Wednesday, May 1, Santa Monica businesses will receive 100 percent green power from the Clean Power Alliance, the energy provider designated by the City of Santa Monica and 31 other jurisdictions in Los Angeles and Ventura counties to provide clean energy to three million new customers.

    Customers can switch freely between the tiers without restriction.

    Read More: https://www.santamonica.gov/blog/green-power-goes-commercial-in-santa-monica-on-may-1

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