City of Long Beach, New Philly AME Church, and LOGOS Development Work Toward Transforming Former Building into Vital Affordable Housing.
The City of Long Beach, New Philly AME Church and LOGOS Development, are in discussions regarding a critical agreement aimed at bringing much-needed affordable housing to the local community. The project proposes transforming a separate, unused building located at 6380 Orange Avenue into affordable housing units, demonstrating an innovative, community-driven approach to addressing the housing crisis.
Under the Agreement to Negotiate Exclusively (ANE), the Long Beach Community Investment Company (LBCIC)—a California nonprofit public benefit corporation- NUPHILLY Community Development Corporation (Developer), and Logos Faith Development LLC (Developer) are in ongoing negotiations to finalize an Affordable Housing Loan Agreement.
As part of this process, the City of Long Beach’s development consultants are actively vetting the proposal to ensure it meets community needs and regulatory requirements. The anticipated agreement designates up to $700,000 in affordable housing loan funds to support the adaptive reuse of the property, creating new residential units that will serve individuals and families in need.
About New Philly AME Church
New Philly AME Church is dedicated to community outreach and holistic service. Grounded in faith and compassion, the church actively seeks opportunities to uplift families and individuals in need. Website: https://www.nuphilly.org/
About LOGOS Development
LOGOS Development is committed to the values of heritage, honor, equity, and resilience. LOGOS strives to build projects that benefit neighborhoods and elevate quality of life. Website: www.logosfaithdevelopment.com
<p>The post Long Beach & Partners Plan Affordable Housing Project first appeared on CCR-Mag.com.</p>