Supervisor Hahn Directs $1.5 Million to Affordable Apartment Project in Long Beach
Long Beach, CA– Today, Supervisor Janice Hahn directed $1.5 million to an affordable apartment building coming soon to Long Beach. The SPARK at Midtown is a five-story mixed-use development that will include 95 affordable apartment units for low-income and formerly homeless residents as well as house the new YMCA of Greater Long Beach on the ground floor.
“The SPARK is an exciting project that will not only mean new affordable homes for 95 families, but will be an asset to the entire Midtown Long Beach community,” said Supervisor Janice Hahn. “These are the kinds of projects that allow neighborhoods to thrive and we have a great non-profit partner like LINC Housing working to ensure this project succeeds.”
The SPARK is being developed by LINC Housing, a non-profit that specializes in building and preserving low-income affordable housing. It will be built on the 1900 block of Long Beach Boulevard near the Blue Line. It will consist of 95 one-, two-, and three- bedroom apartments. Of the 95 units, 47 will be reserved for formerly homeless residents, 47 will be reserved for families earning 60% or less of the area’s median income, and one unit will be reserved for the building’s manager. The new Greater Long Beach YMCA office will be on the ground floor as well as 12,388 square feet of commercial retail.
For this project, Supervisor Hahn is allocating $1,500,000 in Homeless Prevention Initiative (HPI) funds set aside for the Fourth Supervisorial District and $120,000 in residual funding remaining after the completion of the South Whittier Library project, for a project total of $1,620,000. Of this amount, LINC Housing will receive $1,500,000 in project funding, and the Community Development Commission will retain $120,000 for administrative costs.
The project is set to break ground in January 2019 and be completed in Fall 2020.