|The Long Beach Housing Development Company is now The Long Beach Community Investment Company|
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 The LBHDC is no longer active and its Board of Directors has been dissolved.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 will be comprised of a new 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:
This page will be updated as more information becomes available on the formation of the LBCIC. In the interim, the following programs are currently available.
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