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City of Long Beach Affordable Housing Trust Fund
Local housing trust fund support for affordable housing production and preservation in Long Beach.
About this program
The Long Beach Affordable Housing Trust Fund provides a local funding source that can support affordable housing development, acquisition, rehabilitation, and preservation projects consistent with city housing priorities.
Eligibility
Affordable housing developers, nonprofits, and project sponsors with eligible Long Beach housing projects that meet city affordability and underwriting standards.
Requirements
- Respond to city funding opportunities or project solicitations
- Provide site control, development budget, sources and uses, affordability plan, and financing commitments
- Comply with city affordability covenants, reporting, and project monitoring