Santa Monica Housing Office - Multifamily Housing Developers
Multifamily housing projects of two or more units are subject to the Affordable Housing Production Program (AHPP), which is codified in Section 9.64 of the Municipal Code. Options for complying with AHPP differ depending on whether the multifamily development involves condominiums or apartments.
For information on Requirements and Guidelines for Projects, such as unit mix, for both Condominiums and Apartments, can be found here:
Affordable Housing Production Program Information Handout
$41.39 / square foot for apartments (effective 12/01/23; updated annually)
$48.35 / square foot for condominiums (effective 12/01/23; updated annually)
Fee is due prior to completion of project, but not before building permit issuance, and the amount of fee due is based on fee amount in effect at time of payment. Fee is subject to change by City Council resolution. Fee has been established by resolution pursuant to Santa Monica Municipal Code Section 9.64.070.
Unit Development Cost:
The unit development cost is paid if the developer chooses to provide onsite or offsite affordable units and number of required units includes a fraction of a unit where the fraction is less than 0.75 units.
Per Section 9.64.070(a)(4) of the Santa Monica Municipal Code, if the developer is required to build a fraction of an affordable housing unit where the fraction is smaller than three quarters of a unit, or 0.75 units, the developer will instead pay that fraction times the current per unit cost to the City for building affordable housing.
That cost is calculated and updated annually. Effective 12/01/23, the unit development cost is $434,257, per Resolution 11479 dated 10/10/23.
Land Option:
Monitoring fees (effective December 1, 2023)
All AHPP properties are subject to the below monitoring fees, to be paid to the City of Santa Monica.
| Ownership | Rental | |
| Annual Report/Monitoring* | $41.16 | $185.22 |
| Initial (Sale/Start Up)** | $185.22 | $233.24 |
| Resale/Re-occupancy*** | $164.64 | $198.94 |
*The Annual fee will not be charged in the same year as the Initial (aka "Start Up") fee. **The Initial fee is only applicable to NEW constructions for both Ownership and Rental. ***Dependent on whether use of SM Housing Division waitlist is necessary for re-occupancy for Rental property. | ||
Maximum income and rent limit charts
The current maximum income and rent limit charts are available here.
If you have questions, please contact the Housing Office at 310-458-8743.