LONG BEACH, CA—Meta Housing Corp. and Path Ventures has broken ground on a high-quality, affordable senior housing multifamily complex in Long Beach, Long Beach and 21st Apartments. Once completed, the facility expects to achieve LEED-Silver certified status.
The Los Angeles County Department of Mental Health and the California Housing Finance Agency worked with Meta Housing Corp. to finance the project, which, according to Meta Housing Corp. president Kasey Burke, was vital to the success of the project. Additionally, Bank of America provided the construction financing whiel additional financing partners include Housing Authority of the City of Long Beach, the California Tax Credit Allocation Committee, California Community Reinvestment Corp. and the Federal Home Loan Bank of San Francisco.
Located at 2114 Long Beach Blvd., the four-story senior-living complex will have a mix of one- and two-bedroom floor plans with onsite amenities that include community room, community kitchen, library, and roof deck. In keeping with Meta Housing’s philosophy, the property will also have several onsite services to support residents. The list includes employment and money management services, educational services and health and dental services.
The developer recently partnered with the City of Vernon to break ground on a similar development that also included a wide range of services for residents. At the time, Meta Housing VP, Chris Maffis told GlobeSt.com, “We believe in the value of robust social service programs in all of our projects. While affordable housing is extremely important in creating stability, additional services are essential to help enhance a family’s life prospects. Additionally, these services contribute indirectly to better property management by reducing turnover, decreasing maintenance costs, and freeing property managers from the burden of handling many personal issues among residents.”
PSL Architects will design Long Beach and 21st Apartments with modern finishes and sustainable materials. The overall design will aim to facilitate resident interaction.