City Hall wants $15 million per year to fund affordable housing and officials are asking residents if they would support new taxes to help secure the necessary money.
At their Jan. 12 meeting, council approved $60,000 to conduct a survey of Santa Monica residents asking which of several new taxes residents would be most likely to support. Options include increases to sales tax, document transfer tax or a tax on new construction.
Read More: http://smdp.com/santa-monica-searching-for-15-million-to-fund-affordable-housing/153108