Affordable, Sustainable Housing is Coming to Long Beach, California with Help from LISC
Local Initiatives Support Corporation
Affordable Housing, Loan Fund
California
As inventory shortages and high costs are making Long Beach, CA nearly as unaffordable nearby Los Angeles, $4.34 million acquisition and predevelopment loan from LISC is helping the construction of a new affordable housing community to move forward and provide a range of apartments for families earning 30% to 60% AMI.