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WHAT WE DO
Housing &
Redevelopment is dedicated to
preserving existing affordable
housing in Santa Monica and creating
new housing opportunities for
residents with low and moderate
incomes. Pressures on the existing
housing stock in Santa Monica from
market forces and changes to state
and federal laws will impact
affordable housing opportunities for
low and moderate income persons and
families. Housing & Redevelopment
works with private affordable
housing developers and multifamily
property owners to ensure that
economic diversity, a hallmark of
Santa Monica, continues to flourish
and that longtime residents can
remain in their households.
HOUSING PRODUCTION & PRESERVATION
SECTION 8 / HOUSING AUTHORITY
REDEVELOPMENT AGENCY
AB 987 - DATABASE OF AFFORDABLE
UNITS
Housing
Production & Preservation
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Housing Production and Preservation works with private developers to
preserve the City's existing stock of affordable housing through acquisition
and rehabilitation and increase the supply of affordable housing through new construction. These goals are accomplished using federal, state and City funds.
Housing Production and Preservation also promotes home ownership through
the TORCA Shared Appreciation Loan Program which assists qualified tenants in purchasing their (converted condominium) units.
Contact Staff at Housing Production & Preservation
Section
8 / Housing Authority
Provides rental assistance through the United States Department of Housing and Urban Development (HUD)
Section 8 Program. The Housing Authority of the City of Santa Monica administers this program and currently provides rental assistance to more than 1,000 program applicants.
Contact
Staff at Section 8/Housing Authority
Redevelopment
Agency
The Santa Monica Redevelopment Agency, in partnership with the
community, strives to improve a neighborhood’s physical, economic and
social environment through redevelopment activities. Redevelopment activities represent a community’s effort toward achieving various neighborhood revitalization goals. Neighborhoods benefit through financial investment in
public facilities as well as residential, commercial and retail properties.
Contact Redevelopment Agency
AB
987 - Database of Affordable Units
AB 987 requires redevelopment agencies to compile
and maintain a database of new and substantially
rehabilitated housing units developed or otherwise
assisted with Low and Moderate Income Housing Funds. A summary of the affordable units has been
prepared and posted at the following link for public
review:
www.smgov.net/housing/AffordableUnits2008.pdf
The database will be updated annually in conjunction
with the preparation of the Redevelopment Agency's
Annual Report. Those projects
that are fulfilling Inclusionary and replacement
Housing requirements of Community Law are noted
accordingly.
This page was last modified on
06/10/2009
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