Santa Monica Council Seeks Housing Funds
The Santa Monica City Council has voted to seek more than $2.25 million from the state for projects to build low-rent apartments and to provide money for home improvements.
More than $2 million has been pledged by the state for a site at 2827 Lincoln Blvd., where the city plans to build 45 affordable housing units and 18,000 square feet of commercial space.
An additional $250,000 is being sought by the council to provide $20,000 to $30,000 loans with 3% interest rates to low-income homeowners who want to renovate their houses.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
