The City of Long Beach officially reopened the Linden Garden Court Apartments with a grand reopening ceremony Saturday.
Linden Garden Court, a 24-unit rental rehabilitation project at Linden Avenue and East 64th Street is one of 12 properties being rehabilitated throughout the city by DECRO Long Beach, L.P.
Ninth District Councilmember Val Lerch and Richard Green, chair of the board of the Long Beach Housing Development Company (LBHDC), which partially funded the rehabilitation, led the ceremony.
“This is a much-needed source of affordable housing for Long Beach,” said Ellie Tolentino, bureau manager for the city’s Housing Services Bureau. “As the price of housing continues to climb in the region, it is critical that the city provide affordable housing for those who are priced out of the housing market. Long Beach is fortunate to have one of the most proactive and successful groups of housing advocates on the West Coast who continue to make affordable housing a reality.”
A block party celebrating Affordable Housing Week in Long Beach followed the re-opening ceremony with activities, dance performances and food provided by the Long Beach Fire Department.
LBHDC is the city’s non-profit housing development company, whose mission is to promote safe and livable neighborhoods in Long Beach by developing and preserving decent, safe, and affordable housing for the very low, low- and moderate-income residents of the city.
The owner of the property is DECRO Long Beach L.P., a non-profit organization established in 1989, whose mission is to acquire and preserve affordable rental housing for low-income families and seniors. Including the Linden Garden Court apartments, DECRO is in the process of renovating 12 properties in Long Beach that will provide 320 housing units and will remain affordable to low-income families and seniors.
In addition to the LBHDC loan, the projects are being financed by multi-family housing revenue bonds, low-income housing tax credits, and owner equity.
