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Santa Monica metropolis officers final week accredited a multimillion-dollar condo unit for the homeless simply days after the discharge of an audit which discovered California couldn’t account for the $24 billion it spent on the state’s burgeoning homeless disaster.
The 122-unit constructing for the homeless will embody a mixture of studio, one, two and three-bedroom flats, together with floor flooring retail and residential and industrial parking areas.
A design idea out there on the metropolis’s web site reveals that the multi-apartment unit will price greater than $123 million, for a value of simply over $1 million every for the 122 flats. A second design idea would have price much more, north of $200 million for 196 items.
“Transferring ahead in bringing reasonably priced and everlasting supportive housing to city-owned land is a key step in our technique to meet our Housing Factor necessities,” Mayor Phil Brock stated. “I look ahead to the subsequent steps and in the end seeing households transfer into these new houses and thrive.”
The measure was accredited days after the discharge of an audit which indicated the state had spent round $24 billion between 2018 and 2023 to deal with homelessness – however didn’t persistently monitor whether or not the massive outlay of public cash did something to truly enhance the issue.
LA MAYOR PLEADS FOR WEALTHY TO HELP BUY HOUSING FOR THE HOMELESS: ‘UNPRECEDENTED PARTNERSHIP’
Dawn view of Santa Monica Pier and Ferris Wheel with Neon Lights at day’s break, California. (Visions of America/Joseph Sohm/Common Photos Group by way of Getty Photos)
The California Interagency Council on Homelessness (Cal ICH), the company chargeable for coordinating businesses and allocating sources for the homelessness applications blamed native governments for the issue, saying these municipalities should be held extra accountable.
Fox Information Digital reached out to Santa Monica officers questioning how town will guarantee funds are spent effectively in gentle of the audit’s findings.
Homeless encampments line the streets in Oakland, California on Friday, March 15, 2024. The town stays suffering from homelessness as close by companies shut their doorways as a result of security considerations. (DWS for Fox Information Digital)
A metropolis spokesperson stated the state – like many different locations – “is experiencing a housing and homelessness disaster, and all cities throughout the state are required to undertake a Housing Factor that features reasonably priced housing.”
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“Santa Monica has devoted a number of city-owned websites for reasonably priced initiatives, a key technique to decrease prices to develop this wanted housing and meet the mandates within the council-approved Housing Factor,” the spokesperson stated. “The town is following this technique with council just lately approving the settlement to maneuver ahead with developments on three city-owned websites alongside Euclid Avenue.”
