City Council approves $376K for Metro Loma affordable housing project

In a significant move to bolster affordable housing in Glendale, the City Council and Housing Authority have approved the allocation of $376,000 in funds to support the Metro Loma Apartments. This decision comes as the 44-unit affordable housing project, located at 328 Mira Loma Avenue, faces potential foreclosure due to default on its first mortgage.

During the joint meeting held on March 4, 2025, Deputy Director of Community Development Mike Fortney presented the urgent need for financial assistance to ensure the continued operation of Metro Loma, which has been serving the community since 2009. The city owns the land on which the apartments are built and has been leasing it to Metro Loma LP since 2019.

The approval includes a council motion authorizing the release of funds and a resolution of appropriation, both aimed at stabilizing the project and preventing disruption for its residents. This funding is crucial not only for the immediate survival of the apartments but also for maintaining affordable housing options in Glendale, which are increasingly under pressure.

The discussion highlighted the city's commitment to addressing housing needs and ensuring that vulnerable populations have access to stable living conditions. As Glendale continues to navigate the challenges of affordable housing, this funding represents a proactive step towards safeguarding essential community resources.

The meeting also touched on other topics, but the focus on Metro Loma underscores the urgent need for continued investment in affordable housing solutions. As the city moves forward, residents can expect further discussions on strategies to enhance housing stability and support for those in need.