News

08 Nov Call to Action

Dear Community Corp friends and affordable housing advocates, A proposed tax reform plan in Congress threatens affordable housing. We need you to help save affordable housing by calling your representative TODAY.  If House Committees do not restore essential tax benefits that fund affordable apartments by this Wednesday, November...

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08 Nov Eliminating Bonds Would Slash Affordable Housing

The proposed elimination of private-activity bonds (PABs) would devastate the production and preservation of affordable housing across the country.   Roughly half of all low-income housing tax credit (LIHTC) developments utilize tax-exempt bonds and 4% credits, and losing the use of the bond program could mean roughly...

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31 Oct Affordable Housing Rises in Santa Monica

The wooden frame of the Arroyo, a new affordable housing complex, is now rising just steps from the Expo Line in Downtown Santa Monica. The five-story building, located at 1626 Lincoln Boulevard, will be owned and operated by the nonprofit Community Corp. of Santa Monica.  Plans call for 64...

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19 Jul Santa Monica City Council Unanimously Endorses the Final Draft Downtown Community Plan Including a Call for Increased Housing Production

The Santa Monica City Council unanimously endorsed the final draft Downtown Community Plan (DCP) at last night’s Council meeting on July 11, 2017. This result came after a six year-long planning process that concluded with more than 100 community members providing public testimony on the...

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