These are the affordable housing projects coming online in Long BeachRelease Date: 2017-06-12
As I noted before, we have to be frank, Long Beach: the Unaffordability Beast is rearing its ugly head throughout California, including right here in Long Beach. Rents are skyrocketing in Long Beach. Houses are now commonly reaching $1M. And while it is certainly still cheaper than LA–much cheaper—Long Beach cannot single-handedly solve the region’s (or state’s or nation’s) housing crisis.
That is why it is so important to examine what type of housing is being put where. And with the thousands of new housing units coming online in the next few years right here in Long Beach, 585 of them are affordable, with an additional 4 single-family homes thanks to Habitat for Humanity.