Redevelopment Agencies are the 2nd largest supporters of affordable housing nationwide, second only to the federal government. In Long Beach, the RDA has a long-standing partnership with the Long Beach Housing Development Company to provide quality, safe and affordable housing to low-and moderate-income families and special needs residents.
Starting in 1987, California Redevelopment Law required at least 20% of tax increment revenues generated by redevelopment agencies statewide to be set aside for low- and moderate-income housing. The following year, the City of Long Beach entered into an agreement with the RDA to set aside these funds, and Long Beach Housing Services was born. In 1989, the Long Beach Housing Development Company (LBHDC) was established as a public benefit non-profit corporation to assist in the creation and preservation of affordable housing.
Since that time, the Redevelopment Agency has provided hundreds of millions of dollars to the LBHDC. The LBHDC leverages these and other funds to develop quality, safe affordable housing in Long Beach, giving hundreds of families a place to call home.
AB 987 Database:
Assembly Bill 987, which went into effect on January 1, 2008, requires all California Redevelopment Agencies to maintain and publish databases of new and substantially rehabilitated housing assisted by the Redevelopment Agency. Required information includes the address and parcel number(s) of the property, number of units with number of bedrooms, year construction was completed, the date affordability restrictions were recorded, the recording number of those restrictions, and the date the restrictions expire.
To view the Long Beach RDA's AB 987-compliant database, click here.
The Long Beach Redevelopment Agency is proud of our longstanding commitment to building a better, safer, and economically vibrant City, and will continue to use affordable housing as one of our tools towards accomplishing that vision. If you have additional questions about specific housing units or availability, please visit www.LBHDC.org
Inside Long Beach - New LBTV-8 Show Highlights RDA, LBHDC:
Take a journey Inside Long Beach with Long Beach resident, Dan Farias, as he uncovers how the Redevelopment Agency is building a better Long Beach, and how The Long Beach Housing Development Company is providing affordable housing for all. See and hear from community residents directly involved in these changes, explore the projects and developments first-hand, and experience what housing and redevelopment really means for all of us who live, work and play in Long Beach.
Each month this exciting new cable television series will go behind the scenes to see exactly how Long Beach communities are being revitalized – from improving business opportunities and maximizing public-private partnerships, providing affordable housing for all, and helping to create a better quality of life for everyone in Long Beach.
Produced in collaboration with Long Beach Television Channel 8, the show will air on Charter Communications Cable and be streamlined on the web so residents all over the City will have direct access to go Inside Long Beach. To watch the show now, click here.