Councilman Andrews, The Long Beach Housing Development Company, Jamboree Housing Corp. Mark Pinecrest Apartments Rehabilitation
January 5, 2012 – (RealEstateRama) — Councilmember Dee Andrews, 6th District, The Long Beach Housing Development Company (LBHDC) and Jamboree Housing Corporation (Jamboree) are proud to announce the start of the rehabilitation of Pinecrest Apartments located at 1893 – 1911 Pine Avenue. Three severely blighted buildings will be rehabilitated to provide affordable housing for local families. The public is invited to a “Wallbreaking” Ceremony at 1:00 pm on Thursday, January 5, at 1893 Pine Ave.
“What better way to start off the New Year with some new housing. The Pinecrest Apartments Rehabilitation project will transform properties with a multitude of illegal conversions that are unsafe for occupancy into quality affordable housing, a much needed asset in our community,” said Councilmember Dee Andrews. “I am committed to making this neighborhood a better place to live for all its residents.”
The Pinecrest Apartments will include 14 two- and three- bedroom units, with rents affordable for very low- to low-income tenants. Each unit will be fully renovated and modernized, and will include new windows, drywall, fixtures, kitchens, bathrooms and appliances. Four existing units will be combined to create larger floor plans for families. Site amenities will include a tot-lot, community garden, laundry facilities and a multipurpose activity center where free social services programs focusing on academic achievement for young people, community-building activities and family health and fitness will be provided to residents. Pinecrest residents will also be invited to participate in any social service activities at Puerto Del Sol Apartments, another location in Long Beach owned and managed by Jamboree.
“One of the recommended strategies included in the City’s Housing Action Plan (HAP) is to acquire parcels that are currently vacant or have substandard improvements,” said Patrick Brown, Chair of The LBHDC. “To that end, The LBHDC acquired these three properties in the Central HAP area to further its mission in providing safe and livable neighborhoods in Long Beach.”
The three properties had been some of the highest problem properties in the West Division for the Long Beach Police Department, with 76 Calls for Service in 2011. Their acquisition and rehabilitation is part of the community revitalization efforts in the Central Housing Action Plan focus area.
“Jamboree is excited to team up again with The Long Beach Housing Development Company and we see the acquisition and rehabilitation of the Pinecrest Apartments as an opportunity to continue our participation in the community development of Long Beach,” said Laura Archuleta, President of Jamboree Housing Corporation.
About The Long Beach Housing Development Company – The Long Beach Housing Development Company was established by the City of Long Beach in 1989 to assist in the creation and development of affordable housing. The LBHDC’s mission is to provide safe and livable neighborhoods in Long Beach by promoting, developing, and preserving decent, safe and affordable housing for the very low-, low- and moderate-income residents of Long Beach. The LBHDC offers a range of low cost financing, subsidies and other forms of financial assistance to encourage the development of affordable housing that improves the quality of life of the residents it serves. For more information, go to www.lbhdc.org.
About Jamboree Housing Corporation – Founded in 1990, Irvine, CA-headquartered Jamboree Housing Corporation is an award-winning, broad- based nonprofit housing development company that develops, acquires, renovates and manages permanently affordable rental and ownership housing throughout California for working families, seniors and people with special needs. A leading nonprofit developer, Jamboree is committed to sustaining excellence with high quality affordable housing that is good for the environment, the economy and local communities. It currently has about $250 million in affordable housing projects in its development pipeline and a $1 billion asset portfolio that includes the development of and/or ownership interest in more than 6,700 homes in more than 64 California communities. For more information, go to www.jamboreehousing.com.
About the Housing Action Plan – In 2004, the City of Long Beach adopted a Housing Action Plan (HAP) to serve as a framework for the allocation of scarce housing resources. Its intent is to maximize investment of these resources to benefit as many residents as possible, and at the same time, revitalize and stabilize Long Beach neighborhoods. Three neighborhoods were selected as HAP focus areas as described below:
- Washington School (Anaheim Street – Pacific Coast Highway (PCH)/Magnolia Avenue-Long Beach Boulevard)
- Central (PCH-Willow Street/Pacific Avenue-Western boundary of Signal Hill) with emphasis on the western sub area (PCH-Hill Street/Pacific Avenue-Atlantic Avenue)
- North Long Beach King School (Artesia Freeway-Greenleaf Boulevard (North City limits)/Delta Avenue-Long Beach Freeway)
Contact:
City of Long Beach: Jacqueline Medina, Long Beach Development Services 562.570.3827
jacqueline.medina (at) longbeach (dot) gov
Jamboree Housing Corporation: Christine Rombouts, Carlsson Public Relations 949.631.1557
crombouts (at) ca.rr (dot) com
