Summary
The housing fund budget of about $7.3 million in expenditures was adopted, boosted by state grants like PLHA, CalHome and the Pro Housing Incentive Program, plus an expanded backyard builders ADU loan program. Revenue estimates jumped from $3.9 million to over $10.8 million thanks to new grant awards.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
$7.3 million in planned expenditures, with revenues boosted to roughly $10.8 million by new state grants.
Residents seeking ADU loans, affordable housing, and services at LBCIC-owned properties.
Mentions & discussions (2)
City Council - Sep 15, 2026
The council adopted the FY 2026-2027 budget as an emergency ordinance, funding all city services starting October 1. Councilwoman Duggan voted no.
The Long Beach Community Investment Company - Special Meeting - Jun 10, 2026
The housing fund budget of about $7.3 million in expenditures was adopted, boosted by state grants like PLHA, CalHome and the Pro Housing Incentive Program, plus an expanded backyard builders ADU loan program. Revenue estimates jumped from $3.9 million to over $10.8 million thanks to new grant awards.
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