According to state regulators, Santa Monica did not build enough units in the very low, low and moderate income levels in recent years and that deficit now puts the city under a state law that allows anyone building a project with at least 50% affordable units to bypass design rules. However, the law’s additional requirements on developers make it generally undesirable as a regulatory option and local officials said that while they have to comply with the law, they do not think it will have an impact on local development.
Read More: https://smdp.com/2023/11/21/lack-of-affordable-housing-construction-undermines-local-development-rules/