This event has finished
Ended at
Thursday, June 11, 2026
at 8:00 AM (PDT)
REGULAR AGENDA
1. 26-55412 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation.
2. 26-55413 Recommendation to approve the minutes for The Long Beach Community Investment Company meeting of Wednesday, March 18, 2026. Suggested Action: Approve recommendation.
3. 26-55416 Recommendation to conduct the second public hearing on the preparation of the Fiscal Year (FY) 2026-2027 Action Plan and Substantial Amendments to the FY 2019-2020, FY 2020-2021, FY 2021-2022, FY 2022-2023 and FY 2025-2026 Action Plans for the expenditure of CDBG, HOME and ESG funds; accept public comment and recommend City Council approval. (Citywide) Suggested Action: Approve recommendation.
4. 26-55417 Recommendation to adopt The Long Beach Community Investment Company proposed Fiscal Year 2026-2027 (FY 27) budget. Suggested Action: Approve recommendation.
5. 26-55415 Recommendation to approve the selection of Jamboree Housing Corporation (Jamboree) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with Jamboree for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
6. 26-55414 Recommendation to approve the selection of Century Affordable Development, Inc. (CADI) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) and/or HOME funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with CADI for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
1. 26-55412 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation.
2. 26-55413 Recommendation to approve the minutes for The Long Beach Community Investment Company meeting of Wednesday, March 18, 2026. Suggested Action: Approve recommendation.
3. 26-55416 Recommendation to conduct the second public hearing on the preparation of the Fiscal Year (FY) 2026-2027 Action Plan and Substantial Amendments to the FY 2019-2020, FY 2020-2021, FY 2021-2022, FY 2022-2023 and FY 2025-2026 Action Plans for the expenditure of CDBG, HOME and ESG funds; accept public comment and recommend City Council approval. (Citywide) Suggested Action: Approve recommendation.
4. 26-55417 Recommendation to adopt The Long Beach Community Investment Company proposed Fiscal Year 2026-2027 (FY 27) budget. Suggested Action: Approve recommendation.
5. 26-55415 Recommendation to approve the selection of Jamboree Housing Corporation (Jamboree) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with Jamboree for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
6. 26-55414 Recommendation to approve the selection of Century Affordable Development, Inc. (CADI) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) and/or HOME funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with CADI for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
PUBLIC COMMENT
Opportunity to address The Long Beach Community Investment Company on non-agenda items. Each speaker is limited to three minutes to make their comments unless extended by the Chair.
I, Alyssa Campos, City Clerk Specialist, certify that the agenda was posted not less than 24 hours prior to the meeting.
NOTE: The agenda and supporting documents are available online at https://longbeach.gov/cityclerk/meetings. If a special accommodation is desired pursuant to the Americans with Disabilities Act, please contact (562) 570-3807 or (562) 570-6957.
Jun 10, 2026 The Long Beach Community Investment Company - Special Meeting
REGULAR AGENDA
1. 26-55412 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation.
2. 26-55413 Recommendation to approve the minutes for The Long Beach Community Investment Company meeting of Wednesday, March 18, 2026. Suggested Action: Approve recommendation.
3. 26-55416 Recommendation to conduct the second public hearing on the preparation of the Fiscal Year (FY) 2026-2027 Action Plan and Substantial Amendments to the FY 2019-2020, FY 2020-2021, FY 2021-2022, FY 2022-2023 and FY 2025-2026 Action Plans for the expenditure of CDBG, HOME and ESG funds; accept public comment and recommend City Council approval. (Citywide) Suggested Action: Approve recommendation.
4. 26-55417 Recommendation to adopt The Long Beach Community Investment Company proposed Fiscal Year 2026-2027 (FY 27) budget. Suggested Action: Approve recommendation.
5. 26-55415 Recommendation to approve the selection of Jamboree Housing Corporation (Jamboree) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with Jamboree for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
6. 26-55414 Recommendation to approve the selection of Century Affordable Development, Inc. (CADI) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) and/or HOME funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with CADI for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
1. 26-55412 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation.
2. 26-55413 Recommendation to approve the minutes for The Long Beach Community Investment Company meeting of Wednesday, March 18, 2026. Suggested Action: Approve recommendation.
3. 26-55416 Recommendation to conduct the second public hearing on the preparation of the Fiscal Year (FY) 2026-2027 Action Plan and Substantial Amendments to the FY 2019-2020, FY 2020-2021, FY 2021-2022, FY 2022-2023 and FY 2025-2026 Action Plans for the expenditure of CDBG, HOME and ESG funds; accept public comment and recommend City Council approval. (Citywide) Suggested Action: Approve recommendation.
4. 26-55417 Recommendation to adopt The Long Beach Community Investment Company proposed Fiscal Year 2026-2027 (FY 27) budget. Suggested Action: Approve recommendation.
5. 26-55415 Recommendation to approve the selection of Jamboree Housing Corporation (Jamboree) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with Jamboree for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
6. 26-55414 Recommendation to approve the selection of Century Affordable Development, Inc. (CADI) for an award of Los Angeles County Affordable Housing Solutions Agency (LACAHSA) and/or HOME funds in the amount of up to $5,000,000; and Authorize President or designee to enter into an Agreement to Negotiate Exclusively with CADI for new construction of affordable rental housing units. Suggested Action: Approve recommendation.
PUBLIC COMMENT
Opportunity to address The Long Beach Community Investment Company on non-agenda items. Each speaker is limited to three minutes to make their comments unless extended by the Chair.
I, Alyssa Campos, City Clerk Specialist, certify that the agenda was posted not less than 24 hours prior to the meeting.
NOTE: The agenda and supporting documents are available online at https://longbeach.gov/cityclerk/meetings. If a special accommodation is desired pursuant to the Americans with Disabilities Act, please contact (562) 570-3807 or (562) 570-6957.
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