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HOUSING TRUST FUNDS INFORMATION

The Proposed Housing Trust Fund (HTF) Plan was published 2/13/2018 and was available for a 45-day public comment period, until March 30, 2018. For a link to the first draft Proposed HTF Plan, click here.  

At its March 15, 2018 meeting, the Housing Commission provided a forum for public comment on the Proposed HTF Plan. The Housing Commission discussed the Proposed HTF Plan at its regular April 19th meeting, as well as at a special Housing Commission meeting scheduled for May 3rd. Agendas for Housing Commission meeting are posted here.

To view Housing Commission Chair Soloff's request for information regarding the proposed HTF Plan and staff's response, click here.

To view Housing Commission Vice Chair Hilton's request for information regarding the proposed HTF Plan, and staff's response click here.

To view public comments received by City of Santa Monica Housing Division regarding the proposed HTF Plan, click here.

To view comments from City Commissions, click here.

The Housing Commission approved an alternative HTF Plan at its May 17, 2018 meeting, which was presented to the City Council at its July 24, 2018 meeting - click here for the Council staff report. The City Council approved the HTF Plan recommended by the Housing Commission, with a modification regarding the annual spending cap.

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To view the current Housing Trust Fund Guidelines (approved by Council in July 2017) click here

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To receive email notifications when there is an update to this page, please click here, enter your information, and select Housing Commission.

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Pursuant to the adopted Housing Trust Fund Guidelines, the following items shall be posted within one week of becoming public:

  • the current Housing Trust Fund Guidelines; 
  • all documents generated and made public by the City Manager, the Housing Division, the Housing Commission, and the City Council pursuant to the affordable housing planning and reporting process; 
  • written explanation of the City's decisions to approve or deny loan applications; 
  • all loan commitment letters issued; 
  • all notices of the required public meeting following a loan commitment; and all annual reports provided by the Housing Trust Fund recipients. Staff shall ensure that the annual reports posted publically shall redact any confidential or personal information. 

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 HOUSING TRUST FUND - LOAN COMMITMENTS

City's Decision on Loan Applications

Loan Commitment Letters Issued

Effective Date of Commitment Letter

Notice of Public Meetings

Notice of Community Meetings

419 and 1616 Ocean Ave

419 and 1616 Ocean Ave

October 10, 2017

November 6, 2017

(not applicable; rehabilitation only)

1820 and 1826 14th St

1820 and 1826 14th St

(Acquisition/Predevelopment)

1820 and 1826 14th St

(Construction/Permanent Loan)

November 9, 2017

  

June 27, 2018

December 4, 2017

January 11, 2018

January 18, 2018

1342 Berkeley St

1342 Berkeley St

November 20, 2017

December 13, 2017

December 13, 2017

January 16, 2018

 

 

1445-1453 10th St August 15, 2018 September 5, 2018 September 5, 2018

 

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