ACTION Apartment Association

5 Things To Know About Renting To Millennials

03/16/2017 7:14 AM | Margaret Fulton (Administrator)

By Larry Arth

5 things Millennials look for in housing and landlords need to know

They prefer to live near employment and activities. One large reason they finally moved out from the parents’ home is to cut the time or expense of commuting.
They grew up with gadgets so they seek out the latest amenities. They can afford them and are willing to pay for them. Even my daughter, during a recent move, inquired as to whether the apartment’s floor plan was open enough to allow for a good Wi-Fi signal.
Social space is important, and so is a single-family home or an apartment that offers community space for entertaining guests.
Safety and security such as double locks on doors. Plus, they like apartments in a gated community. (This gated community requirement was a hot button for my daughter and the deciding factor that prompted her to rent.)
Nice kitchens are important. This group tends to eat out less and dine in more, so nice kitchens with nice amenities are a requirement.

"Granny Flats"

03/15/2017 8:00 AM | Margaret Fulton (Administrator)

CITY OF SANTA MONICA

Ordinance Numbers 2536 (CCS) (City Council Series) The following ordinance summary was adopted by the City Council at its meeting of February 28, 2017: Ordinance Number 2536 makes minor changes to the City’s zoning code in order to correct inconsistencies and omissions that were inadvertently included during the complex process of adopting a new zoning ordinance as well as other changes related to accessory dwelling units to be consistent with recent changes in state law. This ordinance will become effective thirty days after adoption.

The full text of the ordinance is available from the Office of the City Clerk located at 1685 Main Street, Santa Monica, California 90401; phone (310) 458-8211

Read the Notice on page 7: http://backissues.smdp.com/031517.pdf

Reckless Bill to Repeal Limits on Rent-Control will make Housing Crisis Worse

03/15/2017 7:38 AM | Margaret Fulton (Administrator)

By Susan Shelley, Columnist and speaker

Talking about repealing Vacancy Decontrol by itself, could reduce the supply of housing.

The Costa-Hawkins Act put statewide limits on the rent-control ordinances that local governments are allowed to enact. The law, passed in 1995, prohibited rent control on newly constructed residential housing starting in 1999. It also guaranteed owners of rent-controlled buildings the right to raise the rent to market rate for new tenants when former tenants moved out voluntarily.

Repealing Costa-Hawkins would allow local governments everywhere in California to enact new rent-control laws on any type of rental property, even your own home or condo, if you chose to rent it.

Critics Zero in on Santa Monica City Manager's Spending Priorities

03/14/2017 3:17 PM | Margaret Fulton (Administrator)

March 14, 2017 -- Arriving in Santa Monica in June 2015, City Manager Rick Cole pledged to provide transparency, connect with a community divided over crucial issues like development and use the innovation and practices of good governance for which he was already reputed.

“I found it outrageous that as one of his first moves as City Manager, Cole hired himself not one but five new PR people,” said Tricia Crane, a board member of Northeast Neighbors, a neighborhood association that Cole met and spoke with in January.

Commissioners scrutinize 3.5 acre apartment complex coming to Lincoln Boulevard

03/14/2017 8:06 AM | Margaret Fulton (Administrator)

The developers of a 3.5 acre apartment complex on Lincoln Boulevard will have another go-around with the Planning Commission Wednesday in an effort to get one of the largest projects on the Boulevard underway.

“It’s a policy concern,” Rand said when Commissioner Mario Fonda-Bonardi complained about the number of affordable units. “You guys adopted an ordinance. It’s a zoning ordinance that gives the applicant the option to choose one of the options in the code.”

“If there’s buyer’s remorse over the ordinance, then this body as a policy-making body should look into that…compliance is the only standard that’s required (of us).”

Adding More Affordable Housing to Lincoln Boulevard Project Unlikely

03/13/2017 4:40 PM | Margaret Fulton (Administrator)

March 3, 2017 -- A last-minute possibility of adding more affordable housing to a five-story mixed-use apartment project planned for Lincoln Boulevard isn't getting support from City planners, who say the idea is neither legal nor necessary.

The project -- two buildings at 1613-1637 Lincoln totaling 155,425 square feet -- has reached its final stage of City approval and goes to the City Planning Commission on Wednesday.

If approved, the project would include 191 apartments, of which 15 are earmarked as “affordable” for "extremely low" income earners, or renters earning a maximum of $18,250 for a household of one to $40,890 for a household of eight. The rest of the units are market rate.

Second Reading of an Ordinance of the City of Santa Monica updating seismic retrofit

03/13/2017 8:40 AM | Margaret Fulton (Administrator)

SUBJECT: Public Hearing and Second Reading of an Ordinance of the City of Santa Monica updating seismic retrofit requirements for potentially seismically vulnerable buildings and updating tenant protection laws...

DATE/TIME: TUESDAY, MARCH 28, 2017, AT 5:30 P.M

Read More on page 11: http://backissues.smdp.com/031317.pdf

Reckless Bill to Repeal Limits on Rent-Control will make Housing Crisis Worse

03/13/2017 8:24 AM | Margaret Fulton (Administrator)

Talking about repealing Vacancy Decontrol by itself, could reduce the supply of housing.

One of the more depressing tricks employed by people who favor more government control of everything is this: Put government controls on a business, which causes problems, and then use the problems as a justification for more government controls.

It's like trying to reverse a case of alcohol poisoning with a jug of moonshine.

Nowhere is the "here, drink this," cure more discouraging than in the housing market. Just recently, Assembly member Richard Bloom (D-Santa Monica) and two co-sponsors introduced AB 1506, a bill to repeal the Costa-Hawkins Rental Housing Act.

Vacant buildings subject to new scrutiny and fines

03/13/2017 8:15 AM | Margaret Fulton (Administrator)

City code enforcement officers are about to get some new tools to go after vacant buildings in Santa Monica. On Tuesday, the City Council approved new measures that would force buildings owners to either get to work or tear down a building or pay a fine.

The ordinance also allows code enforcement to go after deteriorating properties, hazardous trees and overgrown vegetation.

A November report found 29 vacant properties in the 8-square-mile city. Half of them are single family homes, ten are apartment buildings and three are commercial properties.

Anti-Development Measure Trounced at Polls; Sales Tax Increase for Homeless Services Appears to Squeak By

03/09/2017 7:08 AM | Margaret Fulton (Administrator)

Measure S, the measure that would have restricted major developments in the city of Los Angeles, was overwhelmingly defeated at the polls on Tuesday, prompting a sigh of relief from business groups, developers and affordable housing advocates.

Meanwhile, Measure H, a countywide quarter-cent increase in the sales tax strongly backed by business groups, appeared to be eking out a narrow victory, with support barely exceeding the two-thirds majority needed to pass.