06 Mar Affordable Housing a Platform for Healthy and Stable Communities
Fannie Mae’s Bob Simpson shares how the GSE is creating innovative financing for healthy homes. Click here to read the full article on Housing Finance's website....
NEWS
06 Mar High Housing Costs and long commutes drive more workers to sleep in cars
It’s a symptom of a bigger, nationwide problem: the lack of affordable housing near jobs. Click here for the full article on Curbed's website. ...
07 Dec Influential mortgage players demand affordable housing measures from tax reform
A group of powerful mortgage industry experts sent out a letter to the House of Representatives Wednesday, demanding that Congress include affordable housing measures in its tax reform. See the full article on the Housing Wire's by clicking here ...
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...
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...
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...
14 Aug First Housing Wait List Opens for Moderate-Income Santa Monica Residents, Workers
In a first, the City of Santa Monica is opening a wait list of affordable housing especially for moderate-income earners who live or work in the city. See the full article on the Santa Monica Lookout's website by clicking here....
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...
24 May More than 60 Years for Santa Monica to Build Its Share of County Affordable Housing Need
A new report by the California Housing Partnership Corporation released Monday revealed that L.A. County was short more than half a million affordable rental homes to meet the needs of the region’s low-income residents. Read more here ...
23 May Five-story affordable housing development is Santa Monica’s largest in years
Nonprofit affordable housing developer Community Corporation of Santa Monica broke ground last week on a new five-story project called The Arroyo that will include 64 apartments available to low-income tenants. See the full article on the Curbed Los Angeles' website, Here...