Housing Partner Selected for Future Affordable Housing on City-Owned Fourth Street Parcel
January 12, 2022 10:29 AM
At last night’s meeting, the Santa Monica City Council green lit an exclusive negotiation agreement to negotiate the terms and conditions for development of affordable housing on the City-owned parcel at 1318-20 Fourth Street, which is currently occupied by public Parking Structure 3 in Downtown Santa Monica. The mixed-use affordable housing aligns with the City Council directive to prioritize City-owned land for affordable housing to address the regional affordable housing crisis.
“Our region suffers from a dearth of affordable housing and we in Santa Monica are committed to improving the crisis and getting people into housing that can be the foundation for stability,” said Mayor Sue Himmelrich. “We aren’t waiting for private development to lead the way. We are leading by making available a precious resource that makes it possible – land. This is a project that addresses the biggest needs of the day, including homelessness, affordability, and equity, and reflects our community’s values.”
The City issued a Request for Proposals (RFP) in August 2019 and after an open and competitive process as well as a comprehensive evaluation, EAH, Inc. (EAH) was selected as the developer based on the team’s depth of experience in the areas of permanent supportive housing, larger developments, supportive services, and property management. Under the recommended proposal, EAH would develop and manage the property once occupied and all residents would be supported with services to ensure housing retention and good-neighbor actions. The unique needs of the households occupying the supportive housing component of the development would be addressed by intensive case management services. As the development concept is further refined, supportive services will be designed to align with the needs of the residents, including ensuring that the support service providers can meet those needs. Council also directed staff and the development team to work collaboratively on ways to move the affordable housing forward as quickly as possible so that community members in need can quickly be supported by the proposed affordable housing and related services.
Once negotiations have been completed, the City and Developer will present a final draft development proposal, including a supportive services component, to Council for its approval.
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Media Contact
Constance Farrell
Communications & Public Information Manager
Constance.Farrell@santamonica.gov
Categories
Council And Commissions, Housing, Programs, Strategic Priorities, Your City Hall