Community Development

The Long Beach Community Investment Company

The Long Beach Community Investment Company (LBCIC) and our Housing and Neighborhood Services Bureau work on behalf of the City of Long Beach, and together with the City’s many partners and developers, to address the critical issue of housing availability and affordability in Long Beach.

The LBCIC is committed to providing sustainable housing, revitalizing neighborhoods and promoting livability—all of which make our community safer, more attractive and viable. In the years ahead, The LBCIC will continue to create partnerships with community groups, developers and service providers to support creative and innovative investment programs that provide affordable and sustainable housing for those who are most in need.

Housing Development Funding

The City of Long Beach Department of Community Development announces the release of this Notice of Funding Availability (NOFA) for approximately $3.5 million in Community Development Block Grant Program (CDBG) funds to be awarded to qualified Community Land Trusts, housing development companies, nonprofit organizations, and/or community development corporations. Eligible activities are limited to the acquisition of land for the future development of affordable rental housing, and acquisition and rehabilitation of existing multifamily rental housing in the City of Long Beach to add affordability restrictions for persons earning at or below 80% of the Los Angeles County Area Median Income (AMI).



Board Meetings

The Long Beach Community Investment Company meets on the third Wednesday of each month at 4 p.m. at the Long Beach City Hall Civic Chambers (411 W. Ocean Blvd.).

Staff Liaisons: