Recommendation to acknowledge and consent to an Assignment and Assumption of the Purchase and Sale Agreement and Escrow Instructions, dated March 10, 2022, for the disposition of City-owned exempt surplus property located at 854 East 7th Street, commonly known as the former Long Beach Armory for an affordable housing development, from Armory Arts Collective, LP (Assignor), to Linc Armory, LP (Assignee); and Consent to a change in population type for the affordable housing development from general affordable housing to affordable housing restricted to senior adult households. (District 1)

What this record is

Held by

Armory Arts Collective, LP 2 records across this site

Runs until

no end date published in this record

Type

purchase

Field

Health & social

Read automatically from the title of the official record. The source document below is authoritative.

Armory Arts Collective, LP also holds

Recommendation to amend the Purchase and Sale Agreement, dated March 10, 2022, with Armory Arts Collective, LP (Buyer/Developer), for the disposition … Long Beach, CA

Committee

City Council

Introduced

April 3, 2023

On agenda

April 18, 2023

Passed

April 18, 2023