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agenda-report Request for Pilot Program Allowing Market-Rate Housing Projects

Santa Monica City Council
June 10, 2025

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agenda-report Request for Pilot Program Allowing Market-Rate Housing Projects
Meeting
June 10, 2025
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Santa Monica City Council
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Text extracted from the city's file for reading and search. Open the original on santamonicacityca.iqm2.com. That file is the official record.

City Council
Report
City Council Meeting: June 10, 2025
Agenda Item: 16.B
1 of 1
To: Mayor and City Council
From: Nikima Newsome, City Clerk, Records and Election Services Department Subject: Request for Pilot Program Allowing Market-Rate Housing Projects Request of Councilmember Zwick, Mayor Pro Tem Torosis, and Mayor Negrete that the City Council direct the City Manager to return with a pilot program allowing market-rate housing projects more flexibility in how they provide affordable housing units off-site as a means to incentivize housing production for approved projects that are unable to proceed due to economic uncertainty. The pilot program should include provisions to ensure that the off-site affordable housing units are constructed and also allow housing projects to be eligible for density bonus, incentives/concessions, and modifications under State density bonus law.

Prepared By: Nikima Newsome, City Clerk
Approved Forwarded to Council
Attachments:

A. Written Comments

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