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Santa Monica receives over $5.5 million for affordable housing developments
Mar. 08, 2021 at 6:00 am
Santa Monica, a leader in affordable housing production, recently received $5.5 million in funding from two California Department of Housing and Community Development grants.
This money will go towards three housing projects targeting at risk youth, people experiencing homelessness and elderly individuals.
“Affordable housing, always a precious resource, has become even more necessary as greater numbers of our community suffer the financial hardships brought on by the pandemic,” said Mayor Sue Himmelrich. “We thank HCD for this much appreciated contribution to our affordable housing trust fund that will offer stability to Santa Monicans.”