Vistas del Puerto

1836 Locust Avenue
Long Beach, California

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Description

Vistas del Puerto provides 48 apartment homes, including 47 affordable for households earning between 30 percent and 50 percent of the area median income and one manager’s apartment. Half of the apartments are reserved for households that are frequent utilizers of the Department of Health Services (DHS), including people with chronic health conditions and those who have experienced homelessness. The remaining apartments are designated for large families.

The apartment complex features large community spaces, on-site parking, secured pedestrian entry, management and support service offices, bike storage, a bike lounge, edible garden planters, a community room complete with a kitchen, an outdoor courtyard, and on-site laundry. It was developed to meet Green Point Platinum environmental standards using energy efficient and sustainable features. Apartment amenities include a full kitchen, heating and air conditioning. Apartments reserved for DHS clients are fully furnished.

The site is close walking distance to a grocery store, pharmacy, schools, public library, medical clinic, and public transit, including the Metro Blue Line and Long Beach Transit bus stops. The site is also in close proximity to Mental Health America of Los Angeles’ Integrated Service Center.

At A Glance

Architect: Killefer Flammang Architects
General Contractor: Dreyfuss Construction
Property Management: Levine Management Group
Support Services: Mental Health America of Los Angeles
Completion Date: June 2021
Tenant Mix: Families with income of less than 30%-50% of the area median income (AMI)
Apartments: 47 apartments and 1 manager’s apartment
Rental Rates: 24 units @ 30% AMI, 23 units @ 50% AMI
Funding Sources: Genesis LA, Corporation for Supportive Housing, Wells Fargo Bank, N.A., Nine Percent Low Income Housing Tax Credit Equity, Community Development Commission of the County of LA, Long Beach Community Investment Corporation, California Community Reinvestment Corporation, Los Angeles Department of Health Services (subsidy), Brilliant Corners (subsidy)
Expected Total Development Cost: $26,500,000

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