Santa Monica’s Affordable Housing Production Program (AHPP) is a mandatory inclusionary housing program adopted in 1998. The program employs a variable affordability requirement for rental properties, depending on the income bracket served. If the affordable units are priced for low-income households (earning 80 percent of AMI), 20 percent must be affordable. The affordability percentage drops to 10 percent if units are priced for very low-income households (earning 50 percent of AMI), and to five percent if units are affordable for extremely low-income households (earning 30 percent of AMI). To date, the program has generated approximately 1,000 affordable apartments. Developers frequently choose the option of providing fewer units at a deeper level of affordability.
For More Info:
Jim Kemper, City of Santa Monica Housing and Economic Development
Email: [email protected]