27 Apr New video from the Sustainable Quality Awards
Community Corp and our Executive Director Tara Barauskas were a part of a new video from the Sustainable Quality Awards. Check it out! ...
13 Mar The Gap: A Shortage of Affordable Homes 2018
The U.S. has a shortage of 7.2 million rental homes affordable and available to extremely low income renters, whose income is at or below the poverty guideline or 30% of their area median income. Only 35 affordable and available rental homes exist for every 100 extremely...
07 Mar Santa Monica Homeless Count Shows Four Percent Increase
Santa Monica community rises to meet the regional challenge with increased collaboration, tangible tools and more on-the-ground support Please click here to read the full article on santamonica.gov...
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....
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....