Santa Monica City Council Begins Tackling Affordable Housing After Loss of Funding

With the loss of Santa Monica’s Redevelopment Agency (RDA), the City Council directed Staff Tuesday to look to alternative means of funding affordable housing throughout the city, including a possible fee levied on all commercial developments.

Staff also recommended lobbying Los Angeles County — where most of the former redevelopment money will end up — to secure a portion of the money now flowing into the County coffers for affordable housing, though several Council members were skeptical such efforts would yield results.

The City may also sell off some of the affordable housing properties it manages, including Mountain View Trailer Park, to help cut back on the costs to the City of managing those properties.

Santa Monica Lookout

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