As we began 2014, the number of homes available for sale in Santa Monica was as low as it has been in many years. Submit your application. APPLY FOR THE BELOW MARKET HOUSING WAITLIST NOW. ... Mayfair Residences at Santa Monica Beach | 210 Santa Monica Blvd, Santa Monica, CA. SANTA MONICA, CA – As greater numbers of individuals and families struggle with unemployment and the economic impacts of the novel coronavirus (COVID-19), the City of Santa Monica will open online applications for its Section 8 and Below Market Housing (BMH) programs beginning Friday, May 1, 2020 at 8 a.m. PST. For more information on that, visit, https://www.santamonica.gov/coronavirus-eviction-moratorium. The current loan to CCSM comes from the city's Housing Division's Housing Trust Fund. By applying to the BMH program, you will be notified of all apartment vacancies for which you are eligible. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. What is a Regional Center? The City of Santa Monica is seeking applications from those considered to be in the moderate-income bracket for these highly-coveted housing units. Rather than providing a rental subsidy, this program offers apartments in the private sector at a rent that is lower than market rate. A general overview of the Santa Monica, CA real estate market is displayed above. Please note that vacancies in the Greenway Meadows building are required to be filled through the City of Santa Monica’s Below Market Housing (BMH) program waitlist.By applying to the BMH program, you will be notified of all apartment vacancies for which you are eligible. 515 San Vicente Blvd Unit 515D, Santa Monica, CA 90402 North of Montana Housing Market In November 2020, the median list price of homes in North of … Below, you'll find 'splainers on housing in Santa Monica, including resources on how to find a place to live here and why the rent is so damn high here. March 15, 2019 -- A series of housing laws introduced in the State Assembly Thursday will likely have little impact on Santa Monica's skyrocketing rental market, although one of the bills could pave the way for a local voter initiative. This means that real estate in the Santa Monica, CA area is generally less affordable than the rest of … Coming Soon listings are homes that will soon be on the market. Community Corp. is a private non-profit company that buys and operates "affordable" residential units in Santa Monica. If you currently live in Santa Monica or work at least 36 hours per week in the City by the Sea, you may be eligible for a deed-restricted apartment. Also known as the Housing Choice Voucher (HCV) Program, the Section 8 program assists low and very-low income households by subsidizing their rent with a federally-funded voucher paid directly to the property owner. You will find their contact information on the City of Santa Clara’s website. The Below Market Housing program offers housing opportunities for a range of households at varying incomes. For more information on the waitlist, housing programs and to apply visit www.santamonica.gov/housing. Full real estate market profile of Santa Monica, California. Equal Housing … Check out photos and find out information about neighborhoods, schools, nearby public transit, and more by clicking on any of these 25 Santa Monica income restricted apartments. The median listing price per square foot was $982. To be eligible for this property, applicants must: Priority will be given to applicants who: Please note that vacancies in the Greenway Meadows building are required to be filled through the City of Santa Monica’s Below Market Housing (BMH) program waitlist. Prepared for Housing Commission April 21, 2016 Rental Voucher Participants Living in Below-Market Rate Residences Notes: 1. ; Who We Are. Ex: San Francisco, CA. City Hall remains closed to the public and click here to connect with a helpful staff member. As part of the application, you will report your household size and income. If you know someone who could take advantage of the program, but does not have access to a computer, the City encourages you to help by providing support on the phone or in other ways that enable physical distancing. Work in Santa Monica at least 25 hours per week (or did prior to March 1, 2020, but lost employment due to COVID-19-related reasons); Participate in an approved job training program in Santa Monica; Have last worked at least 25 hours per week in Santa Monica and now receive unemployment, worker’s compensation, vocational rehabilitation benefits, disability benefits, or retirement benefits from the City of Santa Monica. For help paying rent through vouchers and other housing programs visit: santamonica.gov/housing-apply. The City of Santa Monica’s Section 8 and Below Market Housing (BMH) waitlists will open online on May 1, 2020 at 8 a.m. What Is Section 8? Enter your email to sign up for news and updates from the city, City Hall remains closed to the public and, *no minimum income for households with a Section 8 voucher, Please note that vacancies in the Greenway Meadows building are required to, filled through the City of Santa Monica’s Below Market Housing (BMH) program, .