1,2 & 3 bedroom units located in Santa Monica, CA.
High Place West apartments was the first of two phases of this development for Community Corporation of Santa Monica. High Place West is a Type I 47-unit affordable housing complex with a playground, community center, and laundry facilities on the premises. Morley provided general contracting services and self-performed structural concrete installation for both phases of construction. Installation of sustainable design elements was a collaborative process with the design team for drawing updates and phasing of a solar photovoltaic system, a solar hot water system, LED lighting, and drought resistant landscaping.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Santa Monica but actual income limits may differ for units at High Place West.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 | $78,200 | $83,250 |
Low Income (60%) | $52,980 | $60,540 | $68,100 | $75,660 | $81,720 | $87,780 | $93,840 | $99,900 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.