Today, the City of Long Beach in partnership with Home Ownership for Personal Empowerment, Incorporated (HOPE), celebrated the grand opening of Banner Homes, a recently rehabilitated multi-family building. Banner Homes, located at 4410 N. Banner Dr., provides a unique and affordable housing solution for individuals with developmental disabilities.
“Banner Homes is an outstanding model for equitable housing practices that support vibrant and diverse communities in Long Beach,” said Mayor Robert Garcia. “This development creates essential housing opportunities for an extremely vulnerable segment of the community.”
Last year, the City provided a $558,000 Home Investment Partnerships Program (HOME) loan, approved by the Long Beach Community Investment Company (LBCIC), to HOPE for the acquisition and rehabilitation of the property. The development provides seven individuals their own one-bedroom unit and on-site supportive living services.
“We are excited to celebrate the grand opening of Banner Homes in our community,” said Councilmember Roberto Uranga. “Banner Homes is a welcome addition to the City of Long Beach, and further promotes vitality and livability throughout our neighborhoods.”
Banner Homes is one of two sites acquired by HOPE with City funding. Banner will be reserved for extremely low-income individuals earning 30% of the area median income (AMI); and rents will be based on 30% of household income.
“The LBCIC is proud to invest our resources in developments that provide quality affordable housing in Long Beach,” said John Thomas, the LBCIC Chair. “Banner will help fill a critical need for affordable housing while promoting a thriving Long Beach.”
Banner Homes is the site of HOPE’s newest supported living program, “On My Own,” which aims to assist young adults with developmental disabilities transition from living with their families to independent living. The program also offers a unique combination of enhanced independence, on-site services and access to intensive services and case management at Harbor Regional Center.
“Different people need different levels of support to reach their full potential and take advantage of all that life has to offer,” said Kristin Martin, HOPE’s Executive Director. “Because of the hard work and contributions made by our community partners and donors, today seven very deserving people are now in a position to tackle life’s many challenges without the fear of housing instability.”
HOPE, founded in 1995, creates stable, affordable housing options for people with developmental disabilities, and provides independence, choice, and dignity through innovative housing solutions. A total of 59 HOPE homes are located in the City of Long Beach: 21 single family homes, seven duplexes, six condo units, and three multi-family sites.
HOME funds are allocated to the City by the US. Department of Housing and Community Development (HUD), and are a vital source of funding for affordable housing.
For more information about HOPE, visit: http://www.hope-homes.org/
or call (310) 543-0121. For more information on the City’s affordable housing and assistance programs, visit http://lbds.info
and click on “Housing and Community Improvement.”About Long Beach Development Services
The mission of Long Beach Development Services is to make a difference in our community by building a dynamic, safe, and sustainable City that honors its past and embraces the future. Visit us at www.lbds.info
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