Summary
The Long Beach Community Land Trust, seeded with city funding two years ago, has secured its first building — an 11-unit apartment — and could tap a new LA County program worth $15 million annually. A local investment of about $500,000 could leverage roughly $7 million in county funds for around 30 permanently affordable units.
At a glance
- Total mentions
- 5
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
About $500,000 in local money could pull down roughly $7 million in county funding for ~30 permanently affordable homes.
Long-term renters at risk of displacement and residents seeking permanently affordable homeownership.
Mentions & discussions (1)
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