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2011 LBHDC Annual Report is now available!

Homeownership Preservation & Foreclosure Prevention

CalHFA launches "Keep Your Home" website

2011 LBHDC ANNUAL REPORT

2011 Annual Report cover

The Long Beach Housing Development Company (LBHDC) is proud to have played a vital role in addressing a variety of housing needs for Long Beach residents. 

Click here to view the report.

Courtyards in Long Beach Offers Innovative Supportive Housing Solution

Courtyards Grand Opening

Click here to watch the video.

On May 19, the LBHDC, together with Councilmember Patrick O'Donnell, 4th District; Clifford Beers Housing, Inc.; and Mental Health America Los Angeles (MHA), celebrated the grand opening of Courtyards in Long Beach, an innovative permanent supportive housing development for low-income households including homeless individuals living with mental illness. The Courtyards in Long Beach is a showcase for scattered-site development, comprised of four, single-story courtyard-style apartment buildings, rehabilitated to improve their respective neighborhoods and to provide housing solutions for diverse communities. More...

Long Beach Senior Arts Colony - Transit Oriented Development to Support Active, Creative Seniors

Senior Arts Colony groundbreaking 

Click here to watch video.

On April 21st, the LBHDC, together with Mayor Bob Foster; Councilmember Robert Garcia, 1st District; Meta Housing; and Century Housing Corporation celebrated the groundbreaking of the Long Beach Senior Arts Colony - a 200-unit, transit-oriented residential community designed for active seniors.

To be built on 1.74 acres at the southwest corner of Long Beach Boulevard and Anaheim Street, the development is designed for residents 55 years and above, earning 30 percent to 60 percent of the Area Median Income. It will appeal to the active senior population by creating an affordable community with amenities that engage the spirit and creativity of an active lifestyle. More...

Check Cashing Facility Demolished to Make Way for Future Development

Check Cashing store demolished

Click the image to watch video.

On Tuesday, April 5, The Long Beach Housing Development Company (LBHDC) and Councilmember Robert Garcia, 1st District, demolished a check cashing facility that had long been a public nuisance for area residents and businesses.

The LBHDC pursued the acquisition of the property, located at 460 W. Pacific Coast Highway, to facilitate the future redevelopment of the full block. This marks the last remaining parcel on this block assembled by the LBHDC in recent years to be demolished. These acquisitions are part of ongoing community revitalization efforts in the Washington School Housing Action Plan (HAP) focus area, and were targeted because of blighted conditions, overcrowding, and nuisance activities.

The acquisition and assemblage of these properties demonstrates the LBHDC’s commitment to provide safe and livable neighborhoods in Long Beach. By making this block available for a new development opportunity, the LBHDC looks forward to sparking the transformation of the surrounding neighborhood.

Housing Action Plan (HAP) - In 2004, the City adopted a five-year Housing Action Plan (HAP) to serve as the framework for the allocation of scarce housing resources. Its intent is to maximize investment of these resources to benefit as many residents as possible, and at the same time, revitalize and stabilize Long Beach neighborhoods. Three neighborhoods were selected as HAP focus areas; Washington School, Central, and North Long Beach King School.

Coronado in Long Beach
On Atlantic Avenue, between Hill and 21st Street

Coronado 1

Coronado 2

Coronado 3

Coronado is a new community of for-sale townhomes and flats featuring distinctive architecture and innovative 2, 3 and 4 bedrooms floorplan designs. Coronado will be made affordable to moderate-income first-time homebuyers earning between 80-115 percent of the area median income. The LBHDC will provide silent second mortgage assistance to qualified first-time homebuyers who purchase a home in this development. In addition, through the promotion of local workforce hiring this project will help to provide job opportunities to Long Beach residents for a variety of construction jobs.

With Coronado, the LBHDC continues its efforts to revitalize the Atlantic Avenue Corridor. Coronado will build upon revitalization efforts by replacing under-utilized properties with beautiful Spanish Revival architecture. The development will completely front Atlantic Avenue with an architectural street scene that will include green courtyards and paseos visible from the street. True to its name, Coronado will be the crown jewel of the Atlantic Avenue Corridor.

For more information on Coronado, call (888) 565.6279 or visit www.CoronadoLB.com.

Click here for news release.

Homeownership Opportunity at Olive Court
1880 Long Beach Blvd., Long Beach

Olive Court

The LBHDC invites you to preview Olive Court Condominiums and the homeownership opportunity available to you.

Designed by award-winning Studio E Architects, Olive Court Condominiums offers 1, 2, & 3 bedroom condominiums up to 1,565 square feet with an energy-efficient design and appliances to reduce utility costs.

Take advantage of the special tax savings, special pricing, and the second mortgage assistance from the LBHDC to become a homeowner today!

Click here for more information.

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

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