On October 22, 2013, the Long Beach City Council approved a Resolution amending and restating the organizational documents of The Long Beach Housing Development Company (LBHDC) and renaming the organization The Long Beach Community Investment Company (LBCIC). The LBHDC is no longer active and its Board of Directors has been dissolved.
The LBCIC will advise the Long Beach City Council regarding delivery of housing and neighborhood revitalization services, use of Community Development Block Grant (CDBG) funding, and continue administration of the City's affordable housing funds. The LBCIC is comprised of a seven (7) member Board of Directors. Formation of the LBCIC presents an opportunity to consolidate community services, reduce redundancies, increase efficiencies, and enhance delivery of related programs and services. Pursuit of the City's goals to eliminate blight, create economic opportunities, provide affordable housing, and revitalize neighborhoods will continue through the consolidated and streamlined LBCIC.
Staff Report and Resolutions
- Ramona Park Senior Apartments - Development of a 61-unit affordable senior (55+) rental project located at 3290 East Artesia Boulevard. For more information, go to www.palmcommunities.com or call (562) 570-7162.
- Belwood Apartments - 34-unit apartment building rehabilitated/convered into an affordable housing project serving families at between 50 to 60 percent of the area median income with affordability restrictions for a period of 55 years. For more information, call (562) 612-1540.
- Immanuel Senior Housing - Adaptive reuse of the former Immanuel Church into a 25-unit affordable senior (over 62 years) rental housing development. Estimated completion Fall 2016.
- Anchor Place - A 120-unit supportive housing development for homeless families and veterans. Estimate completing summer 2017. Click here to view press release.
For more information/questions, call (562) 570-6949 or email email@example.com