The City of Long Beach has officially embarked on a journey to expand its affordable housing inventory with the groundbreaking of 1400 Long Beach, a new 163-unit complex catering to low-income families. Located in the heart of Midtown, the project aims to transform a previously vacant lot into a community-enhancing residential space. Mayor Rex Richardson, at the ceremony said, "We are thrilled to begin construction for this exciting project in Midtown," and emphasized the city's ongoing mission toward increasing affordable housing availability.
Long Beach's initiative is not only about constructing buildings but also concerning providing homes and stability for its residents. The future residences will offer one-, two-, and three-bedroom units along with amenities like a community room and children's play area, fitting for individuals, and families alike. The project targets low and extremely low-income households earning between 30 to 70 percent of the area median income (AMI). "And because of this great project, 163 Central Long Beach families will have stability and better opportunities to thrive," Mayor Richardson stated.
Meta Housing, the developer behind this $87.6 million endeavor, is working alongside Bank of America and other pivotal entities to ensure its successful completion by mid-2026. Sixth District Councilwoman Dr. Suely Saro expressed pride in the district's contribution toward the city's housing growth, stating, "This development activates a vacant site with much needed quality, affordable housing and enhance the livability of the community."
The momentum for such developments has been steady, with Long Beach celebrating the opening of two other affordable housing projects earlier this year. These additions embody the city's fast-tracked commitment to meeting the housing needs of diverse income groups and rejuvenating unused spaces. Taylor Rasmussen, Vice President of Development at Meta, reflected this sentiment, saying, "We are deeply grateful to the City of Long Beach and our partners, including the Foundation for Affordable Housing, Bank of America, and the California Housing Finance Agency whose support has been instrumental in making this vision a reality."
For those looking to learn more about these initiatives or other community projects, details can be found on Long Beach's government website and through their active social media platforms. With a longstanding reputation in the affordable housing sector, Meta Housing continues to be a key player in shaping the residential landscape of Southern California, striving to build communities that resonate with both quality and affordability.
