At its next meeting (agenda
here) the Monrovia City Council will consider establishing an "in-lieu of" fee for multi-unit housing as an option for developers who would prefer not to include affordable housing in their project. The money from developers would go into a pot to be used by the city for affordable housing. The fee would be $29.40 per square foot for ownership projects (such as condos) and $24.50 for rental projects (such as apartments).
Details.
- Brad Haugaard
Make "affordable" affordable again!
ReplyDelete…or move to place that you can afford.
ReplyDeletepeople shouldn't be pushed out of Monrovia because of rising costs and the new apartments all being ridiculously expensive, I think it's nice that the City is trying to do something to help people stay here, you should be able to afford to live where you work and it's not easy to do that here in Monrovia at the moment
DeleteI’d love to live in Del Mar but can’t afford it so I find a place that I can.
ReplyDeleteThat's hardly a fair comparison. Del Mar is a gorgeous coastal town. Monrovia, while a gem, has nowhere near the same offerings to justify the average cost of rent here.
ReplyDeleteI reckon so. Monrovia hasn't the cache of Del Mar, but as a "relatively safe place to live within a 10 mile radius, it is pretty good. "Affordable housing" will not increase this status.
DeleteAs to living where you work, in my 50 years of being in the work force, now retired, my job and my home in the same community had to wait 33 years to be accomplished, and that was because I am a capitalist and owned my own business. Recovering financially from divorce and a hard business climate, I finally bought a house in Monrovia as I could not afford to live in Pasadena (and didn't want to).
I spent 9 years in public accounting, and drove from Pasadena anywhere I had to, from Orange County to Santa Barbara. That job was fundamental to my adequate success later in life and retirement.
Small goals take little effort, methinks.
Regards,
Harry Schell
I’m sure people that live in south central might say the same thing about Monrovia.
ReplyDeletePoliticians love money for opting out of they luxury beliefs and bad ideas.
ReplyDeleteNext thing you know, they will demand half of any future development be allocated to "affordable housing"...unless you give them money to play with, indulge themselves and their hangers-on. "Community activists" love politicians who will give them stuff, enlarge their egos. Politicians, if not all, need "activists" to keep their nice jobs, enlarge their egos.
Specious campaigns, like "affordable housing" or the "homeless" can be very rewarding for the right people. LA City and County are examples some people aspire to.
Regards,
Harry Schell