Long Beach's largest newsroom is now nonprofit.

Posted inNews

Inclusionary housing policy updates make affordable units permanent, tie fees to new home values

Changes to the city’s policy will now require affordable units to remain affordable for at least 55 years and would last through the entire life of the project instead of being phased out. The same would apply to units that are created under the city’s no-net-loss provision, which requires developers to replace affordable housing demolished to build new units at a one-to-one ratio.