Redevelopment Agencies > Santa Monica
Santa Monica
|
Total |
Warning Signs | ||
|---|---|---|---|
|
For fiscal years spanning 2000-2001 to 2007-2008 |
Failed to develop land within five years 
|
Spent more than half their money on "planning"
|
Spent at least $100,000 of budget and built no units
|
| $74,872,428 |
|
|
|
Population:
84,084
Residents
in Poverty:
10.3%
Source: Census 2000
Contact this agency:
1901 Main St.
Santa Monica, CA 90405
Source: California Redevelopment Association
Website as of 2010; Address as of 2008
Jump to: Housing Units | Land Holdings | Spending | Nearby Agencies
Housing Units (back to top)
- 109 used covenants
- 0 used subsidies
- 0 used funds allocated for mobile homes
- 508 built
- 66 rehabilitated
- 0 destroyed
Land Holdings (back to top)
A state law requires land purchased for affordable housing to be developed within five years.
This agency has failed to develop:
- 0 parcels of land for more than five years
- 0 parcels of land for more than 10 years
Spending (back to top)
| Category |
Spending |
Percent of Total |
Agency Average |
|||
|---|---|---|---|---|---|---|
|
At risk of becoming unaffordable |
$0 | 0% | 4.76% | |||
| Debt payments | $20,812,730 |
|
27.80% | 28.33% | ||
|
Land acquisition and site preparation |
$0 | 0% | 20.70% | |||
| Mobile homes | $0 | 0% | 4.79% | |||
| New | $20,813,861 |
|
27.80% | 19.18% | ||
| Other | $0 | 0% | 16.61% | |||
|
Planning and administration |
$84,254 |
|
less than 1% | 23.57% | ||
Rehabilitation|
$31,844,414
|
|
|
42.53%
|
|
13.02%
|
|
| Rental subsidies | $1,317,169 |
|
1.76% | 19.33% | ||
| Total | $74,872,428 | 100% | N/A |
Nearby Agencies (back to top)
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|
Source: California Department of Housing and Community Development
Credits: Kim Christensen, Jessica Garrison, Michelle Minkoff, Sandra Poindexter, Doug Smith
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