On Tuesday, the Council will take up an emergency ordinance to counter a "dramatic slowdown in housing construction" that has seen few of the more than 3,400 market rate and 900 affordable units approved in the streamlined process issued building permits.
The proposed options include allowing market rate developers to meet their affordable housing quotas by "pooling" affordable units from multiple projects and building them at an off-site location not in the Pico Neighborhood, City staff wrote in a report to the Council.
Read More: https://surfsantamonica.com/ssm_site/the_lookout/news/News-2025/August-2025/08_11_2025_Council_Takes_Up_Emergency_Ordinance_to_Kick_start_Housing_Construction.html