Event Brief
Santa Monica affordable housing meets targets
By The BriefBrief · Sources (1)
Filed: Aug 24, 2026 at 6:00 AM ET
Summary: Santa Monica’s city report says the city completed 72 multifamily units in FY 2024-25, with 81% affordable to low- and moderate-income households—well above Proposition R’s 30% requirement. The report also found 927 units under construction citywide, including 321 affordable (35% low- and moderate; 25% low-income).
WHO: Aileen Reynolds, Director of Housing and Human Services; Santa Monica City Council
WHAT: Report finds Santa Monica’s affordable multifamily housing production exceeded Proposition R minimums, while the share of low-income units awaiting planning approval was smaller.
WHEN: Aug 24, 2026 at 6:00 AM ET
WHERE: Santa Monica, CA
WHY: The report was presented to the City Council as the annual requirement tracking completed and pipeline affordable housing against Proposition R thresholds.
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