Former mayor of Santa Monica, Pam O’Connor, has filed a ballot measure with the city in an effort to amend Measure GS, (that was proposed and funded by former Mayor Sue Himmelrich) to exempt the sale of multifamily housing from the city’s new third tier transfer tax. O’Connor’s measure argues the tax is an impediment to new housing construction and seeks to exempt large apartment developments from the tax.

Read More: https://smdp.com/2024/04/05/former-santa-monica-mayor-proposes-initiative-to-amend-measure-gs/