ACTION Apartment Association

New Group Formed to Fight City Hall

01/15/2024 8:45 AM | Margaret Fulton (Administrator)

Santa Monicans United (SMU)

SMU has come together "against a backdrop of increasing deterioration in Santa Monica’s quality of life" due to a persistent homeless problem and a rise in crime, the group said.

"Santa Monica is in crisis, and my heart goes out to the residents and struggling businesses that have been impacted by the city’s decline," Leana Greene, the group's CEO said in a statement.

Santa Monicans United

01/12/2024 8:49 AM | Margaret Fulton (Administrator)

SMU is a new organization created by & for SM residents for our safety

For a clean and safe city.

Local rents end 2023 down more than 4 percent

01/12/2024 8:40 AM | Margaret Fulton (Administrator)

Santa Monica apartment rent prices went down 3.5% from November to December 2023. The median rent in the city now stands at $2,466 for a 1-bedroom and $2,956 for a 2-bedroom. Nationwide, rent price in December fell 0.8%, acting as the fifth consecutive month of decline after a mid-year peak.

Section 8: SANTA MONICA HOUSING AUTHORITY NOTICE Payment Standard Increase

01/09/2024 11:28 AM | Margaret Fulton (Administrator)

Effective as of January 1, 2024, the SMHA Payment Standards increase to:

Rent relief program targets LA County landlords

01/04/2024 9:20 AM | Margaret Fulton (Administrator)

Priority for the direct payments, up to $30,000 per unit, will be given to those located in “high-need areas” and income levels at or below 80% of the LA County Area Median Income. Applicants must meet eligibility requirements, such as the rental property being within the County of Los Angeles (excluding the City of Los Angeles), and the landlord being able to provide independently verified authentic proof of ownership.

L.A. County Rent Relief Program for Landlords open through Jan. 12

01/03/2024 8:06 AM | Margaret Fulton (Administrator)

The county’s Department of Consumer and Business Affairs launched its Rent Relief Program on Dec. 12. It will offer grants of up to $30,000 per unit to eligible landlords for expenses dating from April 1, 2022 to the present.

The program is specifically designed to help small, mom-and-pop landlords who own up to four rental units, officials said.

Rent Revolt: U.S. Asking Prices Drop 2.1%

12/29/2023 10:53 AM | Margaret Fulton (Administrator)

In November, the median asking rent in the United States witnessed a significant year-over-year drop of 2.1%, hitting $1,967—a substantial decline not seen since February 2020, as reported by Redfin.

Councilmember Gleam Davis Proposes Building Housing On the Santa Monica Airport After it Closes in 2028

12/21/2023 8:44 AM | Margaret Fulton (Administrator)

by Tricia Crane

We were promised open space. So why is the City of Santa Monica studying high density housing?

Santa Monica to Boost Homeless Clean-Up Efforts

12/21/2023 8:39 AM | Margaret Fulton (Administrator)

A clean-up crew contracted by the City to remove waste and debris left behind by the homeless could be brought "in-house" with expanded hours next spring, according to City officials.

Deployed every Tuesday and Thursday since late September, the three-member Homeless Support Team (HoST) picked up 7.5 tons of trash in October and 30.7 tons in November as trash totals grow exponentially, City officials said.

Reasons Not to Repeal Costa-Hawkins Vacancy De-Control - it Will Hurt Renters

12/20/2023 9:47 AM | Margaret Fulton (Administrator)

by Jay Johnson

It is bad for RENTERS, bad for our city, bad for homeowners, bad for condo owners, bad for prospective tenants, bad for new construction, and bad for our apartment supply.