Approved August 12, the program to kick-start stalled housing construction received applications for a total of 1,088 units -- 916 market-rate and 102 affordable -- in its first week, exceeding the 1,000 units allowed by September 30.

On Tuesday, the City Council will decide "whether to terminate, extend and / or modify the terms" of the pilot program that gives developers three options to meet the City's affordable housing quotas.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2025/September-2025/09_25_2025_Housing_Developers_Flock_to_Incentive_Program.html