The City of Long Beach and its nonprofit affiliate The Long Beach Community Investment Company have entered into an exclusive negotiating agreement with Habitat for Humanity of Greater Los Angeles for the redevelopment of an empty lot in the Washington neighborhood with housing, the city announced last month.
“I’m thrilled that this property will soon serve the community as much-needed housing,” said Long Beach Mayor Rex Richardson in a news release. “Providing opportunities like this for homeownership is so important and can be such a worthwhile way to uplift our residents and set them on the path to generational stability.”
Habitat for Humanity's Los Angeles-area branch, commonly known as Habitat LA, intends to redevelop a property at 225-227 E. 15th Street and 1510 Palmer Court with eight two-story townhomes, all of which would be sold to low-income, first-time homebuyers. Plans call for a mix of three- and four-bedroom floor plans, each with two-car garages and private yards.
Construction is expected to commence in 2024.
Habitat LA has emerged as a somewhat prolific developer of income-restricted for-sale housing in Long Beach, having also secured negotiating rights for a new affordable townhome project in North Long Beach earlier this year. Habitat's other recent projects include new townhome developments on two previously vacant sites one block south on 14th Street.
Follow us on social media:
- Long Beach (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov
California's 2022 state income limits
Click here for additional affordable housing resource