NEWS

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...

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...

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...

As California’s Legislature braces for a Trump presidency, the tangled trifecta of development, affordable housing and homelessness continues to occupy minds in Santa Monica.   Business and affordable housing advocates, ever capricious comrades, expressed a collective sigh of relief at the demise of development-restricting Measure LV in...

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