The 67-unit low-income senior housing complex, which is located at the intersection of Pacific Coast Highway and Martin Luther King Jr. Avenue, opened to the public on Wednesday. Of those units, 27 percent are set aside for homeless veterans.
The newest complex to be constructed as part of a $41.5 million partnership between the nonprofit developer Mercy Housing California and the Long Beach Community Investment Company is Heritage Gardens. Additionally, the initiative received funding from other entities.
On Wednesday, outside the four-story building, officials cut the ceremonial ribbon.
With the announcement of this new development in Central Long Beach, Mayor Rex Richardson reaffirmed the city’s dedication to meeting the housing needs of all its citizens, particularly those from lower income backgrounds. When it comes to the safety, respect, and happiness of our nation’s seniors and veterans, “Heritage Gardens” is just one more fantastic venture that will supply permanent housing and services.
Rents for one-bedroom apartments in the low-income complex range from $900 to $1,400 per month, with the upper limit depending on the tenants’ income levels. During the months of September and October of last year, only flats with one bedroom were available for applications.
A community center, courtyard, and entertainment space are all available on-site. In addition to a fitness center, residents have the opportunity to attend art, cooking, and financial literacy workshops. The facade is adorned with murals that pay homage to the neighborhood’s history.
The funding process got underway in 2021 when Heritage Garden was granted a $3 million loan by the Community Investment Company. Numerous federal and state authorities provided additional cash in the form of grants and loans.
It will be Long Beach’s fourth affordable housing project to launch or begin building in 2024, according to the city’s Community Development Department.
Construction has just started at 1400 Long Beach, also in the Midtown region, while similar projects have already been finished near the Traffic Circle and Wellspring in Cambodia Town.