ACTION Apartment Association

City budget rebounds from pandemic losses

05/12/2021 8:27 AM | Margaret Fulton (Administrator)

After dire warnings of multi-year shortfalls just last year, City Hall has released a new budget that projected no deficits in coming years.

Rent Estimates In Santa Monica

05/11/2021 9:56 AM | Margaret Fulton (Administrator)

While rents for single-family homes have experienced big increases as renters and buyers compete for the same limited quantity of homes on the market, apartment rents haven't increased as swiftly.

Governor proposes tax rebate as virus relief

05/11/2021 9:50 AM | Margaret Fulton (Administrator)

Millions of poor and middle-class Californians would get tax rebates of up to $1,100 under a proposal unveiled Monday by Democratic Gov. Gavin Newsom, as part of a broader pandemic recovery plan made possible by an eye-popping $75 billion budget surplus.

Proposed FY 2021-23 Biennial Budget

05/11/2021 9:46 AM | Margaret Fulton (Administrator)

The FY 2021-23 Biennial Budget

Gov. Newsom announces plan to pay rental housing providers 100% of rent owed

05/10/2021 2:58 PM | Margaret Fulton (Administrator)

Gov. Newsom today announced his intent to pay rental housing providers 100% of rent that’s gone unpaid because of COVID-19.

Series of Missteps Led to Botched Police Response to Riots

05/10/2021 9:08 AM | Margaret Fulton (Administrator)

A report released by the City Thursday provides an inside look at the developments that culminated in the Police Department's failed response to the riots that erupted in Santa Monica on May 31, 2020.

Small businesses in Santa Monica amongst hardest hit

05/07/2021 8:42 AM | Margaret Fulton (Administrator)

A study by accounting software service QuickBooks, identified Santa Monica as one of the US cities where small businesses revenues plummeted the most during the first year of the pandemic.

Report Harshly Criticizes Police Response to May 31 Riots

05/07/2021 8:16 AM | Margaret Fulton (Administrator)

On May 31, 2020, a woefully unprepared Santa Monica Police Department with no action plan or clear leadership was left to improvise a response to violent protests and looting it should have seen coming.

That is the key conclusion of an eagerly awaited report by the OIR Group released Thursday chronicling SMPD's response to the riots that swept Santa Monica nearly a year ago ("Santa Monica Demonstration Turns Violent, Looters Ransack Stores," June 1, 2020).

Read full report at: OIR Group Independent After-Action Report and Evaluation Regarding Events Leading To, During, and Following May 31, 2020 - City of Santa Monica, California (iqm2.com) and then select attachement: EXA-OIR Group Report

SMC Seeks Local Business Reps for Bond Committee

05/07/2021 8:15 AM | Margaret Fulton (Administrator)

Santa Monica College (SMC) is seeking business representatives to help oversee the implementation of bond measures that are funding capital improvement projects.

The deadline to apply to the seven-member Citizens Bond Oversight Committee is Friday, May 24.

SMa.r.t. Column: Santa Monica Needs More Sunshine

05/07/2021 8:14 AM | Margaret Fulton (Administrator)

Santa Monica brings in a great deal of tax revenue, more per capita than most small cities in California so why then are we increasingly in need of additional funding, bond issuances, and restructuring old and increasing debts? The answer lies in knowing and understanding how our tax dollars and city revenues from other sources are actually allocated and expended specifically, not just as displayed to the public in a general or summarized accounting version.