|
|
Housing Division
City of Santa Monica Request for Proposals:
Nexus Study for a Commercial Linkage Fee to Fund Affordable Housing
Responses Due: May 23, 2012 by 5:00pm
Click HERE for RFP
|
Rare Vacant Oceanfront Property, Multi‐family Zoned
FOR SALE
1920 Ocean Way, Santa Monica, CA 90405
Request for Letters of Interest (RLOI)
Issued: March 19, 2012 Deadline: May 17, 2012
The City of Santa Monica is requesting Letters of Interest (LOIs) for the sale of a rare vacant oceanfront multi‐family residential property located at 1920 Ocean Way. This surplus real property is owned by the City and is offered for sale in “as is” condition. The deadline to submit written LOIs is May 17, 2012.
INITIAL REVIEW OF LOIs
This Request for Letters of Inquiry will be open for a two month period, beginning March 19, 2012 and ending May 17, 2012. City staff will review and consider LOIs throughout the period.
Please find more information HERE.
Updated questions and answers submitted to City of Santa Monica regarding 1920 Ocean Way can be viewed HERE.
To be on the email list for any future announcements regarding this property, please sign up at the City's Planet Bids website HERE
|
Our Mission
The Housing Division is dedicated to preserving existing affordable housing in Santa Monica and creating new housing opportunities for residents with low and moderate incomes. Pressures on the existing housing stock in Santa Monica from market forces and changes to state and federal laws will impact affordable housing opportunities for low and moderate income persons and families. The Housing Division & the Redevelopment Agency work with private affordable housing developers and multifamily property owners to ensure that economic diversity, a hallmark of Santa Monica, continues to flourish and that longtime residents can remain in their households. |
 
|
|
Housing Authority
Housing Choice Voucher Program (HCV)/Section 8
The Housing Authority provides rental assistance through the United States Department of Housing and Urban Development (HUD) Section 8 Program. The Housing Authority of the City of Santa Monica administers this program and currently provides rental assistance to more than 1,000 program applicants. |
Housing Production and Preservation
 
Housing Production and Preservation works with private developers to preserve the City's existing stock of affordable housing through acquisition and rehabilitation and increase the supply of affordable housing through new construction. These goals are accomplished using federal, state and City funds.
Housing Production and Preservation also promotes home ownership through the TORCA Shared Appreciation Loan Program which assists qualified tenants in purchasing their (converted condominium) units.
|
This MAP illustrates the affordable housing developments in Santa Monica created through investment of federal, state and local affordable housing funds.
|
|