Although the City Charter requires 30% of new construction to be considered affordable, Santa Monica failed to meet that for the third year.
Read More: https://patch.com/california/santamonica/only-13-new-santa-monica-residences-considered-affordable?utm_source=alert-breakingnews&utm_medium=email&utm_term=weather&utm_campaign=alert
AND
http://smdp.com/less-than-half-of-new-units-meeting-city-affordability-rules/166151
http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2018/May-2018/05_14_2018_City_of_Santa_Monica_Fails_to_Meet_Affordable_Housing_Mandate_for_Third_Year_in_a_Row.html
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