$4 million in affordable housing awards for North Long Beach
Long Beach
Summary
Three developers were selected to create or preserve 119 affordable units in North Long Beach — rehabbing two existing apartment buildings and buying land for 39 new family units. Rehab projects keep current tenants in place and lock in affordability for 55 years, or forever in the land trust's case.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 15, 2026.
Impact analysis
Up to $4 million in city housing funds across three projects, leveraging additional county and state dollars.
Current tenants of the two rehab buildings, who stay in their homes, plus future lower-income families who get new affordable units.
Residents struggling with cost burdens — 43% of households spend over 30% of income on housing — continue to face displacement risk.
Mentions & discussions (2)
Planning Commission - Oct 15, 2026
Long Beach has met market-rate housing targets but only about 6% of its 15,000-unit affordable housing need, and applications for large new projects have dropped sharply since late 2024. Commissioners want better tracking of why entitled projects die before construction.
The Long Beach Community Investment Company - Sep 16, 2026
Three developers were selected to create or preserve 119 affordable units in North Long Beach — rehabbing two existing apartment buildings and buying land for 39 new family units. Rehab projects keep current tenants in place and lock in affordability for 55 years, or forever in the land trust's case.
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