ACTION Apartment Association

Council Makes it Easier to Build Large Housing Projects

12/19/2024 9:50 AM | Margaret Fulton (Administrator)

Large housing projects in non-residential neighborhoods that meet zoning standards will be granted a "swift and smooth approval" under a proposal green-lighted by the City Council Tuesday night.

New Council Moves to Streamline Housing Process

12/17/2024 9:17 AM | Margaret Fulton (Administrator)

The proposed change would lift the site restrictions from projects in Santa Monica's office and industrial zones, mixed-used boulevards and the Downtown, but exempts housing developments under the Bergamot Area Plan.

Beneficial Ownership Information Report

12/16/2024 9:21 AM | Margaret Fulton (Administrator)

File by December 31, 2024.

See if you need to file. Check with your tax preparer.

AND: /file:///C:/Users/maful/Downloads/BOIR_Filing_Instructions.pdf

SM.a.r.t. Column: Preserving Santa Monica

12/16/2024 9:06 AM | Margaret Fulton (Administrator)

One major problem we face, for which the City is completely unprepared, are absorbing the negative impacts of the 9000 units the state requires us to build by 2028. These include water shortages, traffic overload (including significant parking problems), and the damage to the City’s historic fabric among other significant problems.

New Council Proposes Rule Changes

12/16/2024 9:04 AM | Margaret Fulton (Administrator)

The newly seated City Council is proposing rule changes that range from limiting the time Councilmembers can speak to allowing the Council majority to formally censure one of its members.

Santa Monica rent grows in November

12/13/2024 10:36 AM | Margaret Fulton (Administrator)

According to the November rental report by Apartment List, Santa Monica median rent grew by 1.3% in the month, with the median one-bedroom apartment now going for $2,338 and the median two-bedroom listed at $2,803.

Hot Topics on New Council's First Agenda

12/13/2024 10:17 AM | Margaret Fulton (Administrator)

Discussions of the voting rights case against the City -- which will include four newly seated Councilmembers -- will resume after last-ditch efforts to settle the lawsuit failed ("Push to settle Voting Rights Case Fail," December 2, 2024).

Santa Monica rent prices fall once more

12/12/2024 10:21 AM | Margaret Fulton (Administrator)

According to Apartment List, Santa Monica rents dropped by 0.2% in October, down to $2,310 for a one-bedroom apartment and $2,769 for a two-bedroom. Overall, rents in the city have decreased for 10 straight months per the website, with the overall 5.5% drop year-to-year being the largest among the 25 Los Angeles metro area cities listed in the report.

Lana Negrete Named Mayor

12/12/2024 8:42 AM | Margaret Fulton (Administrator)

The newly constituted City Council appointed Lana Negrete as mayor for a one-year term. Caroline Torosis will serve as mayor pro tem for 2025, followed by Jesse Zwick in 2026.

New Council to Take Up Amended Projects

12/12/2024 8:35 AM | Margaret Fulton (Administrator)

The amended proposal from the Hollywood Community Housing Corporation (HCHC), which was narrowly approved by the previous Council, scraps one of three proposed developments, reserving one of them for seniors.

Under the proposal, two of the three sites near the UCLA Santa Monica Medical Center would be combined into an 82-unit development for seniors at 1211 and 1217 14th Street that includes 42 parking spaces.