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Have you heard about the new affordable housing opportunity in Long Beach for first time buyers with household incomes ranging from $40K - $65K per year? It may sound too good to be true, but we assure you, it’s not. Brookfield Homes Southland and The Long Beach Housing and Development Company (LBHDC) celebrates the grand opening of these for-sale townhomes.

The beautiful brand new townhomes feature spacious and light-filled floor plan designs, modern stainless steel Whirlpool appliances with a refrigerator, granite countertops, security systems, wireless technology, green features that will lower your monthly utility bills, and attached 2-car garages that provide direct interior access and overhead storage.  Offering 2, 3 and 4 bedrooms, Coronado is made affordable to moderate-income families** earning approximately $40K - $65K annually depending on household size with net monthly housing payments ranging from approximately $1300 - $2500 per month.

For the last decade, the City of Long Beach has worked diligently to revitalize the Atlantic Avenue Corridor, an 8-mile artery running from the City limit directly to the ocean, and home to quality residential developments and commercial nodes.

To learn about buyer eligibility, availability, and the “no strings” attached prequalification process, visit: CoronadoLB.com or call (888) 565-6279. From the 405 Freeway, exit Atlantic Avenue and head south towards the coast. The model homes and sales center are located along Atlantic Avenue in between Hill and 21st Streets, and are open by appointment from 10am – 5pm on Wednesday through Sunday.

*As determined by the Department of Housing and Urban Development (HUD).  See 2010 Income Standards distributed by HUD and HCD (California Department of Housing and Community Development).   **Approximate monthly housing payments after Long Beach Housing Development Company’s second mortgage assistance, and include homeowner’s association fees, utilities and taxes.