Having received the approval of the Long Beach Planning Commission last week, Midtown Long Beach is one step closer to getting a 95-unit mixed-use affordable development along the Metro Blue Line light rail, city officials announced Wednesday.
The commission approved The Spark at Midtown (The Spark), located at 1900-1940 Long Beach Boulevard. The project will feature a mix of one-, two-, and three-bedroom units for individuals and families earning between 30 percent and 60 percent of the area median income, according to a city release. It also includes 47 units reserved for those experiencing homelessness or at risk of experiencing homelessness. There will also be 12,388 square feet of ground floor neighborhood-serving commercial retail, a Young Men’s Christian Association (YMCA) office and support service offices.
“Long Beach is committed to expanding quality, affordable housing for communities of all incomes who want to call this great city home,” said Mayor Robert Garcia in a statement. “The Spark will provide greater housing access for families and promote the revitalization of the Long Beach Boulevard corridor.”
Prior to the commission’s approval fo the project, the Long Beach Community Investment Company approved on October 18 an agreement to convey the aforementioned properties to LINC Housing Corp. and approved a total loan of $3 million to provide gap financing for the development of The Spark, the release stated.
“The Long Beach Community Investment Company is working to bring forward high quality residential projects along transit corridors, offering greater mobility and access to job centers,” said John Thomas, The LBCIC chair, in a statement. “It is essential to support every segment of our community by providing increased housing opportunities in thriving neighborhoods.”
For more information on the City’s affordable housing and assistance programs, visit http://lbds.info and click on “Housing and Community Improvement.”
Renderings courtesy of City of Long Beach.
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