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 Our Mission

To provide safe and livable neighborhoods in Long Beach by promoting, developing, and preserving decent, safe and affordable housing for the very low-, low- and moderate-income residents of Long Beach.

Neo Zoe at Pine
Homeownership in Long Beach

Neo Zoe at Pine, developed by Hughes Development Inc., is one of Long Beach's newest, for sale townhome developments with affordable units.  The architecturally rich Cape Code design consists of twenty-two (22) two- and three- bedrooms units, lush landscaping, private patios, and a subterranean garage.

Neo Zoe offers an opportunity for individuals and large family first-time homebuyers, whose incomes are between $47,000 to $70,000 per year, to purchase homes.  These buyers represent employees of our local schools, hospitals and area businesses.

The Long Beach housing Development Company (LBHDC) proudly provided approximately $5.4 million in housing set-aside funds for the project in order to deed restrict 17 of the total 22-units to affordable buyers for a 45-year period.

The family-friendly community provides critically needed ownership housing for working families while offering residents direct access to the revitalized ocean front and downtown areas of the City.

Neo Zoe at Pine development is a perfect example of a successful private-public partnership.  Together we are able to address the City's housing needs, while providing quality housing ownership opportunities to working Long Beach families.

Please contact the Neo Zoe at Pine Sales Team if you would like additional information about the sales process.

1500 Pine Avenue, Long Beach, CA 90813
Interest Line: 310-294-9898
 

Myths and Facts about Affordable & High-Density Housing.

Myth #2
High-density and affordable housing will cause too much traffic.
Fact #2
People who live in affordable housing own fewer cars and drive less.

IN California's six largest metropolitan areas, two-thirds of renters and over three-fourths of the households living below the property line own no vehicles or only one car, compared to 54 percent of all households and 44 percent of homeowner households.  With lower car ownership rates come fewer trips, and fewer single occupant auto commutes.  According to the National Personal Transportation Survey in 1995, low-income households make 40 percent fewer trips per household than other households.  Recent traffic growth owes much to existing development.

In many high-density neighborhoods, and in most neighborhoods with a mix of housing types, traffic isn't a big problem.  Fewer auto trips occur in higher-density areas.  In a neighborhood of 15 homes to the acre, one-third fewer auto trips occur, compared to a standard suburban tract.  A 1990 survey by the Sierra Club's Transportation Committee found that for every doubling of neighborhood density, vehicle miles traveled are reduced by 20 to 30 percent.

Car ownership rates are less in higher density areas.  According to recent American Housing Survey data, multifamily developments have lower car ownership rates than single-family home tracts.

Read More

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  • U.S. Department of Housing and Urban Development (HUD)
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  • Fannie Mae
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  • Freddie Mac
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  • Mortgage Credit Certificate (MCC)
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  • California Housing Finance Agency (CalHFA) Loan Programs
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  • Veteran’s Administration (VA) Home Loan Program
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  • Operation Hope