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Transfer of Maine Avenue Senior Apartments to Community Land Trust

Long Beach

Summary

The city is giving its 11-unit affordable senior apartment building to the Long Beach Community Land Trust for $1. Tenants keep their rents, and the land trust commits to permanent affordability — a first step in building a local community land trust model.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Feb 18, 2026.

Impact analysis

💰Financial impact

No city funding involved — the property transfers for $1, and the building already generates operating income above its reserves.

✅Who benefits

The 11 senior tenants, who keep their affordable rents, plus the land trust, which gains its first property and a platform to leverage more funding.

Mentions & discussions (1)

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