March 4, 2024 Breaking News, Latest News, and Videos

City Of Santa Monica Slugs Developers With Affordable Housing Fee:

The creation of an affordable housing linkage fee on new development projects moved one step closer to fruition following the Santa Monica City Council’s recent vote on the issue.

Under the guidance of city staff, a nexus study was undertaken by consultants to assess how new commercial development increases the need for affordable housing and to determine the maximum fees that could be charged to mitigate those impacts.

The nexus study was designed to analyze the relationship between commercial development, job creation, and the demand for affordable housing.

Originally combined with a parks and recreation study and associated development-offset fees, council decided to vote on each issue separately.

Staff recommendations suggested an affordable housing commercial linkage fee of 4.5 percent, ranging from $3.07 to $11.21 per square foot, depending on the type of commercial use. Hotel development fell at the lower end of the scale of $3.07, while office and institutional land-use came up on top at $11.21 and $10.23 respectively.

Applauding the city staff study, Councilman Kevin McKeown disagreed with the fee structure at the City Council meeting on Sept. 23, suggesting a higher-yield approach on fewer projects.

Debate oscillated between council members: some concerned that high fees could see an end to development altogether, while others argued less development with higher fees could be the best solution.

Originally moving the motion to pass the first reading of the ordinance with city staff recommendations and rounding up the linkage fee to five percent, after some discussion.

Councilman Tony Vazquez then withdrew his support for the motion and moved a new motion to change the fee structure to 10 percent of the project with the ability to revisit the ordinance in the future. Seconded by Councilman McKeown, the motion failed 5-2.

Reinstating his original motion, to accept city staff recommendations and rounding up the linkage fee to five percent, Councilman Vazquez was then seconded by Councilwoman Gleam Davis and the motion passed 6-1.

“I would like the record to show that my ‘no’ vote reflects the belief that that this was the time to have achieved some real revenue for affordable housing,” said Councilman McKeown, who voted against the motion. “Waiting to negotiate on development agreements has historically shown to not be productive and I think that we have given too much away.”

“This vote tonight show we my continue to give too much away.”

The proposed impact fees are not projected to generate the level of revenues to become primary funding sources for affordable housing, according to city staff, but would supplement other funding sources.

Any development subject to these new fees would not be subject to the existing Parks and Recreation Facilities Tax or the Housing and Parks in-lieu fee currently in the Municipal Code.

The proposed ordinance would provide a credit for existing commercial land uses that are retained or rebuilt as commercial.

Places of worship, city projects, day care centers, private K-12 schools, square footage used for outdoor dining in the public right-of-way, and any commercial component of multi-family rental housing developed by nonprofit housing providers that meet certain criteria, would be exempt from the fees.

in News
Related Posts

Construction Alert: Topanga Canyon Boulevard Faces Nightly Closures Starting March 4

March 1, 2024

March 1, 2024

Caltrans Announces 18-Mile Project Spanning Chatsworth to PCH Commuters in the Los Angeles area should prepare for significant delays as...

Film Review: Nyad

February 29, 2024

February 29, 2024

FILM REVIEWNYADRated PG-13121 MinutesReleased November 3rdOscar Nominations: Best Leading Actress, Best Supporting Actress “I failed many times, but I can...

Security Officers Being Deployed at Big Blue Bus Stations and Routes

February 29, 2024

February 29, 2024

The Guards will be provided by a firm with other security contracts with the city of Santa Monica  By Zach...

Leap Day Brings Once-in-Four-Year Deals at Popular Restaurants All Day Long

February 28, 2024

February 28, 2024

Krispy Kreme, Dunkin’, and More Roll Out Special Offers to Mark the Occasion Leap Day, that rare additional day occurring...

Sweet Lady Jane’s Social Media Tease Continues As Locations Sport Hiring Notices

February 28, 2024

February 28, 2024

Mysterious Posts Leave Fans Eager for the Return, But Questions Linger By Dolores Quintana After resurfacing on social media, the...

Upcoming Ice Cream Shop on Montana Ave. Will Serve Multitude of Vegan Flavors

February 28, 2024

February 28, 2024

The Company Has Come a Long Way Since Its Humble Beginnings as a New York City Food Truck By Zach...

(Video) Pro-Palestine Protest at the Beverly Wilshire Hotel

February 28, 2024

February 28, 2024

Protesters were there to protest the arrival of U.S. Representative Nancy Pelosi Counter-protesters drove by in a car. @smmirrornews Pro-Palestine...

(Video) Restaurants Replace Glass Front Doors After Late Night Robbery Spree in Del Ray

February 28, 2024

February 28, 2024

Seven restaurants and small businesses in Del Rey and Venice, including Nick the Greek and Dudley Market, were robbed. Council...

SMMUSD Appoints New Asst. Superintendent of Education Services

February 27, 2024

February 27, 2024

Dr. Williamson Will Assume Her Role on March 8, Bringing 17 Years of Education Experience In a special board meeting...

Hollywood Royalty to Shine at 96th Oscars: First Wave of Star-Studded Presenter Lineup Unveiled

February 27, 2024

February 27, 2024

Incredible Lineup of Actors and Previous Oscar Winners Announced Executive producer and showrunner Raj Kapoor, along with executive producers Molly...

Vote Smart, Vote Early: Streamlining Your 2024 Presidential Primary Experience in L.A. County

February 27, 2024

February 27, 2024

Skip the Lines and Save Time – Your Guide to Early Voting Options  In preparation for the upcoming 2024 Presidential...

Iconic Venice Beach Sculpture and Landmark to be Removed, Returned to Artist’s Property

February 27, 2024

February 27, 2024

Since the Money, Effort or Desire to Purchase the Piece Appears to Not Be There, the Artist Wants It Back...

(Video) Heartfelt candlelight vigils in Westchester and West Hollywood for Nex Benedict

February 27, 2024

February 27, 2024

The non-binary 16 year old student with Choctaw ancestry died in Owasso, Oklahoma after being beaten by three older high...

Sweet Lady Jane Sparks Hope of Return – Popular Bakery Hints at Reopening Across LA

February 27, 2024

February 27, 2024

After Abrupt Closures, Beloved Bakery Hints at a Comeback, Leaving Fans Intrigued  Sweet Lady Jane, a Los Angeles cake bakery...

Waymo’s LA Expansion Hits Roadblock: CPUC Temporarily Halts Self-Driving Company’s Plans

February 26, 2024

February 26, 2024

California Public Utilities Commission suspends Waymo’s service expansion for 120 days. California’s Public Utilities Commission (CPUC) has put a temporary...