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| Site | |
| • | Long Beach, CA; foster care population of more than 1000 young people, as reported by the Long Beach Health and Human Services Division |
| • | Creates transitional homes for former foster youth in abandoned hotel |
| • | Designated as a local historic landmark |
| Features of The Palace | |
| • | Certified LEED Platinum |
| • | One two-story brick building with approximately 11,500 square feet |
| • |
Community room with computers, kitchen, two counseling rooms, and manager’s office |
| • | Roof-top patio for youth to relax and enjoy the weather |
| • | Small retail space |
| • | Photovoltaic panels and fuel cell technology for energy production |
| Product Mix: 14 Units | |
| • | 14 studio units, each with kitchen and bathroom |
| • | 2 units at 30% AMI |
| • | 2 units at 35% AMI |
| • | 9 units at 40% AMI |
| • | 1 manager unit |
| Proposed 2011 rents*: | |
| • | Studio apartments from $416 |
| • |
The project received a Housing Assistance Payment contract through the Housing
Authority of the City of Long Beach, which will allow the tenant rents to be based
on 30% of each resident’s income
*Rents subject to change |
| Page 1 | Page 2 | Page 3 | Page 4 | Floor Plans | |
