100 Affordable Units Coming To Downtown For Low Income Residents

LONG BEACH, CA — A $3.6 million loan to a regional developer will bring 100 affordable apartment units to Downtown Long Beach for low-income and very low-income residents, city officials said.

The city awarded the loan to Agoura Hills-based AMCAL Multi-Housing Inc. earlier this spring to help buy the property at 946 Linden Ave. The plan for the property is to construct a new four-story apartment building that will provide a mix of one, two and three-bedroom units.

“This funding action continues our urgent work to increase the city’s housing stock and create opportunities for apartment homes for community members who currently meet low-income criteria,” said Mayor Rex Richardson. “We appreciate every opportunity to work with developers to help ensure that Long Beach has safe, quality affordable places to live.”

Early development plans include amenities such as a community room, fitness area, computer center, tot lot, courtyard and barbecue area as well as 125 underground parking spaces. It will take the place of the First Lutheran School at the corner of Tenth Street and Linden Avenue near St. Mary Medical Center.

Construction for the apartment building is expected to begin in late 2024.

“We are fortunate to have the financial resources available to partner with developers of affordable housing,” said Meggan Sorensen, manager of the Department’s Housing and Neighborhood Services Bureau. “We are ready to assist in bringing this prospective project forward to construction and completion.”