To apply to the City of Santa Monica's Section 8 and Below Market Housing (BMH) waitlists, click here.. Affordable Housing Production Program, Chapter 9.64 of the Santa Monica Municipal Code (“AHPP”) (see Attachment 1-A for a complete copy of the AHPP). Tenants pay rent based on household income. Please note that the particular income/rent limit methodology for inclusionary units is specified in an Agreement Imposing Restrictions on Real Property, between the developer and the City. The income/rent limit chart applicable to a property depends on when a development was approved and the specific Agreement (deed-restriction) associated with a property. $5000. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance. The Below Market Housing program offers housing opportunities for Santa Monica residents and workers for a range of family sizes and incomes. IL2. The City of Santa Monica, through its Housing Division, works with private nonprofit developers to develop affordable rental housing for low and moderate income households, including seniors, persons with disabilities, and families.. To figure out which chart applies to your building/apartment, check the deed restriction for the building or check with your property manager. Home ; CA; Santa Monica ; $0. For buildings that received approval after 2013 (30% HUD standard), use this chart (effective May 6, 2020). Income limits, fair market rents and rent rates vary with each agency. The current inclusionary housing program in the City of Santa Monica is called the Affordable Housing Production Program (AHPP). GS and GSH -- twin ballot measures approved by Santa Monica voters in 2016 -- increase the City's transactions and use tax by 0.5 cent. Santa Monica has long set lofty affordable housing goals. (based on the level of household income) and may be used to calculate affordable housing costs for applicable housing assistance programs. For buildings that received approval between 1990 and 2013 (30% HUD standard), use this chart (effective May 1, 2020). PS1. (50% of AMI) Household Size: 1 … WHAT IS AFFORDABLE HOUSING AND WILL THERE BE INCOME LIMITS? The current income/rent limit methodology used for the AHPP was approved by the City Council in June 2013. See chart below for maximum rent and income limits (subject to annual increases). To be eligible for the BMH waitlist, applicants' total household income, before taxes, must not exceed the amounts listed below (effective May 1, 2020): 1-person household: $94,700; 2-person household: $108,100; 3-person household: $121,700; 4-person household: $135,100; 5-person household: $146,000. Toggle navigation. Income Based Apartments in Santa Monica, California. The City of Santa Monica Housing Division’s mission is to create new housing opportunities, preserve existing affordable housing, and help residents keep their housing in Santa Monica. Find affordable housing and low income apartments in Santa Monica, CA, easy and free application, apply instantly on RentalHousingDeals.com INCOME & RENT LIMITS for INCLUSIONARY HOUSING. INCOME LIMITS PER YEAR BY HOUSEHOLD … For buildings that received approval up to the end of 1990 (25% HUD standard), use this chart (effective May 1, 2020). Income Limits . Toggle navigation. Discuss Progress on AHPP Feasibility Study 2 Purpose of Tonight’s #7B Discussion Extend Removal of ELI Option from AHPP Until Nov. 2020 1 Preview Rapidly Changing Housing Policy Landscape 3. Payment Standards for Santa Cruz County. The City has implemented various inclusionary housing programs since the late 1980's. All units will be affordable for low-income households, with half of all units reserved for homeless individuals and families. The chart that applies to a specific property depends on when that development was approved. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Also known as the Housing Choice Voucher (HCV) Program, the Section 8 program assists low and very-low income households by subsidizing their rent with a federally-funded voucher paid directly to the property owner. The current inclusionary housing program is called the Affordable Housing Production Program (AHPP). The easiest way to confirm which methodology and chart applies to your particular property is to call the Housing Division at 310-458-8702. City Hall remains closed to the public and click here to connect with a helpful staff member. Find affordable housing and low income apartments in Santa Monica, CA, easy and free application, apply instantly on RentalHousingDeals.com . Rentals; Senior Housing; Section 8 Housing; Housing Authority Waitlists; Log In. [for projects not subject to Ordinance 2429 . Santa Monica Housing Division is located at 1901 Main St., Santa Monica, CA, 90405 and serves the city of Santa Monica. It has been amended on several occasions since then. Santa Monica Housing Division - AHPP Maximum Income and Rent Limits. Earn minimum income, before taxes, per year of $16,885* and no more than the below amount: 1-person household: $ 47,340; 2-person household: $ 54,060 ; 3-person household: $ 60,840 *no minimum income for households with a Section 8 voucher; Priority will be … Section 8 Program . Maximum Income and Rent Limits for the Affordable Housing Production Program (AHPP) The income and rent limits for a specific property depend on when the building first received planning approval. Payment Standards . Santa Monica Affordable Housing Income Limits 0 comment Renderings Affordable Housing Project At Vermont Santa Height And Density Limits Would Prevent Developers From Council Passes Temporary Ban On New Extremely Low Income Expect More Protests Rallies As … With the growth in Sonoma County and in Santa Rosa, the need … Income limits for the Housing Choice Voucher and Low Income Public Housing Program. Low Income Housing and Subsidized Apartments in Santa Monica, CA Below is the listing of 12 affordable apartments and low-income housing in Santa Monica, CA. CITY OF SANTA MONICA Affordable Housing Policy CITY COUNCIL October 15, 2019. Search For Rent Senior Housing Section 8 Housing View Local Info . At least half is reserved for low-income households. IL4. Santa Cruz County - State Program. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). $5000. Given a span of more than 25 years of creating affordable housing, the methodologies for determining income eligibility and maximum rents has evolved over time. State Updates Income Limits for Affordable Housing. The affordable housing in Santa Monica, developed in partnership with these nonprofits, is privately owned and managed by these organizations. Enter your email to sign up for news and updates from the city, City Hall remains closed to the public and, Return to the City of Santa Monica Housing Division Home Page. Apartments affordable for very low-income households, for example, have a rent limit of around $900 for a one-bedroom apartment. Guide To Affordable Housing in Santa Monica, California. Whether you’re looking for low-key independent living apartments to vibrant 55+ retirement communities, there’s something for everyone here. There are 35 low income housing apartment communities offering 1,697 affordable apartments for rent in Santa Monica, California. 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