Now Renting: 1+1 Santa Monica Affordable Housing Apartment for July Move In

Did you know that we both own and manage a collection of Santa Monica apartment buildings sprinkled around the downtown neighborhood? You may think of the luxury brand, where Santa Monica apartments for rent are a bit more readily available, but we’re talking about our collection of Santa Monica apartments that participate in the Affordable Housing Program through the city!

It’s pretty rare that a vacancy becomes available, but currently there is a notice on a lovely and bright one bedroom for rent for $1708. This particular unit was marked as needing a resident that qualifies for “Moderate” pricing. This means that 2015 moderate-income restrictions apply as follows:

For one person, the maximum allowable Gross income is $59,800 per year or Less, for the current year and the previous year.
For two people, the maximum allowable Gross income is $68,400 per year or Less, for the current year and the previous year.

The following documentation is required for proof of income: 2014 income tax return copy, last 3 consecutive pay stubs and last 3 consecutive bank statements.

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Located at 1430 7th Street, this rare upcoming vacancy will be available for move in on as early as July 3rd.  Residents of the building love living mere moments away from transit lines, shops, grocery stores and restaurants!

This one bedroom Santa Monica affordable housing apartment features a private balcony, air conditioning, new stainless steel kitchen appliances and is cat friendly.  The building is controlled access entry and there is available parking located in the subterranean garage.

For more information contact the NMS Affordable Gallery right away at (310) 393-9330.