Hahn directs $1.5 million to affordable apartment project in Long Beach

Courtesy Hahn’s office
Rendering for SPARK at Midtown, 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.
Fourth District Los Angeles County Supervisor Janice Hahn this week 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, according to Hahn’s office.
“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,” Hahn said. “These are the kinds of projects that allow neighborhoods to thrive, and we have a great nonprofit partner like LINC Housing working to ensure this project succeeds.”
LINC Housing, which specializes in building and preserving low-income affordable housing, is developing the housing complex, which will be built in 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 percent 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 the project, Hahn is allocating $1,500,000 in Homeless Prevention Initiative (HPI) funds set aside for the 4th 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.
Source: Hahn’s office

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