ACTION Apartment Association - Santa Monica, California Commissioners Recommend Subsidy Expansion

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Santa Monica, California Commissioners Recommend Subsidy Expansion

Santa Monica, California Commissioners Recommend Subsidy Expansion

07/12/2018 7:53 AM | Margaret Fulton (Administrator)

The Santa Monica, California Rent Control Board will ask the City Council to approve a large expansion of a rent subsidy program for the elderly.

The Santa Monica, California Rent Control Board will ask the City Council to approve a large expansion of a rent subsidy program for the elderly.

Control Board commissioners voted on June 14 to approve a resolution asking the City Council to increase annual funding for the Preserving Our Diversity housing subsidy program from $200,000 to $2,000,000.