ACTION Apartment Association

Sluggish Local Rental Market Reflects National Trend

05/31/2024 2:02 PM | Margaret Fulton (Administrator)

Santa Monica rent growth remains sluggish, with median prices dipping by -0.2 percent in May, marking the fourth monthly drop this year, according to the rent report by Apartment List released Thursday.

Santa Monica's -4.2 percent rent decrease over the past 12 months is more pronounced than the -0.9 percent dip for the state and -0.8 percent for the nation, according to data based on the site's listings.

Violent Attacks Demonstrate Continuing Failure of Crime Policies

05/30/2024 11:34 AM | Margaret Fulton (Administrator)

Letter to the Editor by Peter DiChellis

Bottom line: Spread the word far and wide. Elected representatives have failed. To deter crime, oppose crime-friendly candidates.

SM.a.r.t. Column: A Path to Affordable Ownership in Santa Monica

05/29/2024 4:55 PM | Margaret Fulton (Administrator)

It’s a shame, and a disadvantage to the city, that many residents feel forced out if they want to buy a home. And, what about long term renters who don’t have the funds to put a down payment anywhere?

We can start to address this. We have the units, the financial assets, the infrastructure, and even the management right here in Santa Monica! It’s all in the great public housing agencies that were developed 40 years ago to address affordability in the rental sector. They are a roaring success, have mushroomed in size and importance, and could be adapted to be at the center of the next revolution in affordable housing–affordable ownership.

Council Candidate Pool Seeking Liberal Establishment Backing Grows

05/29/2024 4:51 PM | Margaret Fulton (Administrator)

In an anticipated move, Barry Snell, a Santa Monica College Trustee and member of the Downtown Santa Monica, Inc. (DTSM) board, officially announced he would run for one of four open Council seats.

He became the sixth candidate vying for the backing of the City's liberal establishment in what promises to be a heated race that will determine the balance of power on the seven-member Council.

Tuesday’s City Council meeting

05/28/2024 12:08 PM | Margaret Fulton (Administrator)

Among the Consent Calendar items are the proposed adoption of a resolution for the 2024 Annual Water Shortage Assessment Report, the awarding of a contract to Global Power Group, Inc. as the primary source and Bay City Electric Works as the secondary source to provide emergency generator maintenance and repair at water and wastewater facilities and a second reading and adoption of an ordinance to adopt the 2022 California Green Building Standards Code and adopt a 2022 local amendment relating to concrete requirements for newly constructed buildings.

Councilwoman Davis will not seek reelection

05/28/2024 12:05 PM | Margaret Fulton (Administrator)

Four council seats are up for election this year. They are currently held by Davis, Mayor Phil Brock, Oscar de la Torre and Christine Parra.

Rent prices slightly down while local real estate is ‘seller’s market’

05/24/2024 12:45 PM | Margaret Fulton (Administrator)

According to a May Los Angeles rent report from Apartment List, Santa Monica apartment prices dropped over the past month by 0.6%, one of only six out of the 26 Los Angeles metropolitan area cities to see a decrease throughout April and into May. The median one-bedroom apartment price in Santa Monica now stands at $2,340 per month, while the median two-bed is at $2,805.

City Files Lawsuit Against Landlord Over Alleged Discrimination and Harassment

05/24/2024 9:03 AM | Margaret Fulton (Administrator)

The city alleges that Atef intentionally discriminated against a tenant with a disability. The tenant, who is immunocompromised and has lived at the property since 2021, requested multiple times in the past year for reasonable accommodation to remediate toxic mold in her unit and to be temporarily relocated during the process. Atef allegedly refused the request, stating that his building is not suitable for tenants with “special conditions” or those with respiratory issues.

AND: https://smdp.com/2024/05/23/pico-landlord-facing-multiple-tenant-harassment-lawsuits/

County Launches Second Round of Rent Relief Program

05/24/2024 9:02 AM | Margaret Fulton (Administrator)

The program -- spearheaded by the LA County Board of Supervisors --- "is an effort to reduce evictions of tenants for non-payment of rent," County officials said.

The funds will be distributed to "qualified landlords adversely affected by the COVID-19 pandemic" to cover "unpaid rent and eligible expenses dating from April 1, 2022 to the present."

"To qualify, units must still be occupied by impacted tenants," County officials said.

AND: https://www.santamonica.gov/press/2024/05/24/los-angeles-county-re-launches-rent-relief-program-with-68-million-in-grant-funding

Two Housing Bills Clear State Senate

05/22/2024 8:03 AM | Margaret Fulton (Administrator)

Introduced by Senator Scott Wiener (D-San Francisco), SB 951, which removes layers of discretionary permitting in the Coastal Zone, passed 35 to 0 and will had to the Assembly.

Meanwhile, SB 1037, which fines cities that egregiously violate state housing laws, passed 23 to 9. Both bills must be approved by the house by August 31.