(Photo by Daniel Archuleta)

(Photo by Daniel Archuleta)

Community Corporation of Santa Monica Executive Director Sarah Letts (right) cuts the ribbon for the newly-opened High Place West Apartments on Thursday. The CCSM-developed housing complex features 47 affordable homes for families earning 35 percent to 60 percent of the area median income. The three-story building has 32 two-bedrooms and 15 three-bedroom apartments. The event also served as the groundbreaking for the High Place East portion of the development.