March 3, 2017 -- A last-minute possibility of adding more affordable housing to a five-story mixed-use apartment project planned for Lincoln Boulevard isn't getting support from City planners, who say the idea is neither legal nor necessary.
The project -- two buildings at 1613-1637 Lincoln totaling 155,425 square feet -- has reached its final stage of City approval and goes to the City Planning Commission on Wednesday.
If approved, the project would include 191 apartments, of which 15 are earmarked as “affordable” for "extremely low" income earners, or renters earning a maximum of $18,250 for a household of one to $40,890 for a household of eight. The rest of the units are market rate.
Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2017/March-2017/03_13_2017_Adding_More_Affordable_Housing_to_Lincoln_Boulevard_Project_Unlikely.html