Revised Policy Increases Affordable Housing Requirements in Marina del Rey

This Mandate Applies to New Leases or New Development Projects.

By Zach Armstrong

After the L.A. Board of Supervisors approved a revised policy, real estate developers will have to include more affordable housing units in their Marina del Rey projects.

While a previous proposal increased the amount of on-site affordable housing for up to 20%, the policy approved at its Oct. 17 meeting calls for 30% of residential units in newly-built and “rehabilitated projects” (revitalizations of structural systems that result in at least three tenants vacated for at least 15 days) to be set at below market rates. Two-thirds of which are reserved for very low-income households while the rest are for ones deemed either low- or moderate-income.

This mandate applies to new leases or new development projects. While it doesn’t apply to entities currently leasing land from L.A. County, current lessees seeking County approval of discretionary entitlements might have to comply.

According to Urbanize LA, the 30% rate is higher than those in Santa Monica where affordability requirements vary from 20 to 25% in its Downtown area, while it also exceeds inclusionary housing requirements of Downtown Community Plans ranging from 8 to 16% depending on income.

Los Angeles County and the Los Angeles County Development Authority will administer as much as $200,000 for costs related to the new policy, since it could start seeing less rent revenue as per market rate units now being converted into affordable ones.

Related Posts

Second Victim Killed Alongside LAPD Sergeant in Brentwood 405 Crash Identified

July 1, 2025

July 1, 2025

Authorities Confirm Garcia, 34, Died at the Scene, GoFundMe Launched  Authorities have identified the civilian who was killed alongside a...

Why Nordstrom Says It’s Closing Its Santa Monica Place Location

July 1, 2025

July 1, 2025

A Nordstrom spokesperson explained the closure as a strategic realignment Nordstrom confirmed its decision to close its Santa Monica store...

People are Using Palisades for “Disaster Tours.” Local Officials Are Trying to Stop Them

June 30, 2025

June 30, 2025

A new motion introduced to City Council requests a coordinated strategy from LADOT, the Los Angeles Police Department, and the...

LAUSD Approves $604 Million Plan to Rebuild Fire-Damaged Palisades Schools

June 30, 2025

June 30, 2025

The reconstruction, set to conclude by the end of 2028, aims to restore facilities for approximately 3,620 students across the...

Free Virtual Planetarium Shows Coming to SMC in July

June 30, 2025

June 30, 2025

The virtual format is in place as construction of the new SMC Planetarium and Observatory nears completion The Santa Monica...

Six-Bed Mar Vista Hilltop Home Under Construction Lists for $5.3M

June 30, 2025

June 30, 2025

The private backyard is complete with a pool, spa, fire pit, built-in BBQ, and areas for outdoor dining A stunning...

(Video) Getty Villa Reopens Six Months After Dodging Destruction of Palisades Wildfires

June 29, 2025

June 29, 2025

With the reopening also comes a new exhibit, “The Kingdom of Pylos” Getty Villa Reopens Six Months After Dodging Destruction...

Three-Bed Palisades Highlands Townhouse Hits Market for $1.7M

June 29, 2025

June 29, 2025

The Mediterranean-style property, located at 1529 Michael Lane, is part of a 71-unit community A remodeled 1,919-square-foot townhouse in the...

LAPD Updates Immigration FAQ to Clarify Enforcement Role

June 28, 2025

June 28, 2025

The document, available in English and Spanish, outlines the department’s policies and limits regarding immigration status The Los Angeles Police...

Three Santa Monica College Student Films Selected for International Film Festival

June 28, 2025

June 28, 2025

The LA Shorts International Film Festival, the city’s longest-running shorts festival, screens over 350 films annually and draws 10,000 attendees...

Washington Square Pizza Opens to the Public

June 28, 2025

June 28, 2025

New York Style Pizza “By-The-Slice” Now at the Beach By Nick Antonicello  Washington Square Pizza formally opened its doors today...

Park: “Our Water Infrastructure Must Be Emergency-Ready Every Day”

June 27, 2025

June 27, 2025

Councilwoman expressed cautious relief at the news but emphasized the need for robust infrastructure The Los Angeles Department of Water...

California Allocates $5B for Road Repairs, Transit Expansion

June 27, 2025

June 27, 2025

The funding aims to improve road safety, reduce traffic congestion, and promote cleaner transportation California is investing nearly $5 billion...

THIS SUNDAY: Palisades Symphony Presents “Best of Broadway”

June 27, 2025

June 27, 2025

The performance will feature a full orchestra playing iconic selections, from John Philip Sousa’s *El Capitan* and George Gershwin’s *The...

(Video) Welcome to the Urban Jungle — where nature meets the city and style meets soul

June 27, 2025

June 27, 2025

Whether you’re chasing that gritty city energy or carving out a green oasis in your space, we’re here to help...