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Council amends sale agreement for former Long Beach Armory to keep affordable housing project on track
Summary
City Council approved amendments to the purchase‑and‑sale agreement with Link Armory LP to preserve a 64‑unit affordable housing project, add closing and drill‑hall improvement requirements, a $100,000 park‑fence contribution and a local historic‑landmark requirement to protect the Armory’s preservation and federal tax credits.
Long Beach — The City Council on Dec. 9 approved amendments to the purchase‑and‑sale agreement (PSA) for the former Long Beach Armory that city staff said are necessary to preserve a proposed 64‑unit affordable housing project and keep low‑income housing tax credits intact.
City staff walked the council through the property’s history, noting the state decommissioned its use in 2018 and the city received fee title that year. A competitive process resulted in a development proposal that evolved into a deed‑restricted project with 64 low‑income units (plus a manager unit) and…
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