ACTION Apartment Association

Council Takes Action on Two Potential State Ballot Measures

03/24/2022 10:21 AM | Margaret Fulton (Administrator)

At last night’s meeting, the Santa Monica City Council voted unanimously to oppose the “Taxpayer Protection and Government Accountability Act,” a proposed California ballot initiative co-sponsored by the California Business Roundtable.

City Poised to Enforce Seismic Retrofit Law

03/23/2022 8:54 AM | Margaret Fulton (Administrator)

The next deadline -- in 2025 -- is for soft story buildings, which account for the vast majority of Santa Monica's structures and face the risk of collapsing because the first floor overhangs a garage.

Council Appoints Susan Cola as Next Interim City Attorney

03/23/2022 8:53 AM | Margaret Fulton (Administrator)

At its meeting last night, the Santa Monica City Council appointed Senior Special Projects Deputy City Attorney Susan Cola as Interim City Attorney with a start date of April 6, 2022. She begins April 6 with a salary of $288,120.

City, SMMUSD Sue County Committee to Stop School Districting Plan

03/22/2022 10:27 AM | Margaret Fulton (Administrator)

Filed in Superior Court against the LA County Committee on School District Organization, the lawsuit challenges the constitutionality of a new State law that allows the committee to create districts without voter approval.

AND: https://www.smdp.com/city-and-smmusd-sue-over-new-voting-laws/216097

Housing Crunch Turns Employers Into Landlords

03/21/2022 2:39 PM | Margaret Fulton (Administrator)

The burgeoning phenomenon could change the dynamic between employers and employees, creating paternalistic relationships reminiscent of the company towns that once dotted America.

Time is running out to apply for rent relief

03/21/2022 8:08 AM | Margaret Fulton (Administrator)

In the short term, the most important thing tenants and landlords can do is submit their rent relief applications before the March 31 deadline.

Tenants and landlords who qualify for rent relief can receive full payment of rent owed between April 1, 2020 and Mar 31, 2022 from the state.

SMa.r.t. Column: Ferrari vs. Prius

03/21/2022 8:03 AM | Margaret Fulton (Administrator)

If we made more Ferraris, will the cost of Priuses go down? Of course not, they are two different market segments. Likewise, the housing market is segmented like cars, but there are two significant differences.

78 Units of Affordable Housing Planned

03/21/2022 8:02 AM | Margaret Fulton (Administrator)

This complex would have 78 units and an underground parking structure with 26 spaces for vehicles. The units would be a mix of one, two and three bedroom apartments that would range between 450 to 900 square feet each.

Community Corp. of Santa Monica’s Vista Ballona Development Nearing CompletionCommunity Corp. of Santa Monica’s Vista Ballona Development Nearing Completion

03/21/2022 7:58 AM | Margaret Fulton (Administrator)

$33.7 million development will bring 50 units of affordable housing to Mar Vista

Ellis Act reform bill seeks to limit rent control evictions

03/18/2022 9:10 AM | Margaret Fulton (Administrator)

If passed, the bill would prevent landlords from utilizing the Ellis Act to evict rent controlled tenants within their first five years of ownership. The aim of the bill is to return the Ellis Act to its original purpose, which is to assist mom and pops landlords in exiting the rental business when they are losing money on a property.