SANTA MONICA COUNCIL MEETING
JULY 28, 2026 - 5:30 PM
This Project is funded and managed by the Southern California Association of Governments (SCAG) with Regional Early Action Program 2021 grant funding from the State of California Department of Housing and Community Development.
Westside Cities Affordable Housing Trust
Task 10.4 – City Informational Meetings
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
PROPOSED TRUST MEMBER CITIES
Trust Member Cities
could include:
- Beverly Hills
- Culver City
- Santa Monica
- West Hollywood
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
FORMATION
PROCESS
Resolution
Staff Report
& Resolution
• COG
Recommendation
• Cities Approval
JPA
Joint Powers
Agreement
• Purpose
• Term &
Termination
• Powers & Duties
• Members,
Admission, &
Withdrawal
• Board of
Directors
• Financial
Provisions
Bylaws
Trust Bylaws
• Board structure
• Terms &
vacancies
• Duties
• Meetings, Voting
• Code of
Conduct
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
TRUST BOARD
SB 20 requires Trust board
include least three (3) elected
members from the Trust
member cities, and at least
two (2) technical board
member.
Trust Board planned to have
seven (7) total members, with
one director per member city
and three (3) technical
members.
Technical board members
have voting rights per the JPA
Technical members will be
appointed to the Trust Board
by the City-representative
Trust Board members.
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
AFFORDABLE
HOUSING TRUST
Member Cities will not pay to join the Trust. Funding to support general administrative expenses are anticipated to come from Measure A & other sources being explored.
Will not create higher/additional taxes. Trust will utilize existing funding sources for its programs.
Trust will more effectively & quickly deploy funding in amounts that are impactful to affordable housing projects while balancing geographic equity.
By pooling resources while maintain local decision-making authority, Trust Member Cities can advance housing solutions that reflect community priorities and unlock housing opportunities on public and private land.
Trust programs will source/deploy expertise in RFPs, Site Evaluations, Affordable Housing services, etc. without increases to City costs and needed Staff time.
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
TRUST STRATEGIC PLAN
Create Deals: Technical Assistance & Pipeline
Development
Finance Deals: Capital Funding, Deployment & Growth
Track & Communicate
Deals: Systems, Data & Communications
Build Relationships to
Enable Deals:
Regional Partnerships & Member
Engagement
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
PROJECTED FY 26-27 TRUST FUNDING
Funding Source Annual Funding Amount
Proposed Operating Budget $470,492
PPO – Admin $264,992
Technical Assistance (TA) $205,500
Est. NOFA Amount Up to $7,976,194
LACAHSA PPO FY 25-26 $3,667,435
LACAHSA PPO FY 26-27 $4,308,759
• LACAHSA Funding Amounts are dependent on sales tax revenue generation. • Funding amounts are contingent on all four cities joining the Trust. COG action is needed if one of the four cities does not join the Trust.
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
TRUST FORMATION TIMELINE
7/21
Beverly Hills
City Council
Study Session
7/28
Santa Monica
Council Meeting
8/13
WSCCOG
Regular Board
Meeting
8/17
West Hollywood
Council Meeting
Aug/Sept
Culver City
Council Meeting
Aug/Sept
Beverly Hills
City Council
Meeting
~Sept
Trust Board Mtg:
Issue NOFA &
Admin
~Oct
Trust Board Mtg:
Admin Policies
~Nov
Trust Board Mtg:
Project Funding
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026
OPEN
DISCUSSION
+
Q&A
Contact Information:
Dima Galkin
Email: [email protected]
Zaire Marin
Email: [email protected]
Thank you!
Item 11-A
July 28, 2026
Item 11-A
July 28, 2026