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Holos Secures Funding for Long Beach Affordable Housing Project

Holos Secures Funding for Long Beach Affordable Housing Project

Non-profit developer Holos Communities has secured $4 million in federal funding through the City of Long Beach for the development of Denali, a planned permanent supportive housing project in Downtown Long Beach, CA. The unique structure would consist of 140 one-bedroom units, 75% of which would be reserved for unhoused residents.

Urbanize Los Angeles reports the community, which is named in honor of North America’s tallest mountain in Alaska, will feature two 15-story buildings standing side-by-side, and linked together by a series of outdoor bridges. KFA architecture is designing the project which will include community amenities such as recreation rooms, laundry facilities and supportive services. The structure will also boast sustainability features including extensive solar panels and all electric appliances.

Denali is located at 521 and 527 E. 4th Street, just a few blocks away from the vibrant waterfront area in Long Beach, including The Pike, Shoreline Village, the Queen Mary and Long Beach Marina. Construction is set to begin in 2025, with delivery of the project in 2027.

Image courtesy of Holos Communities


Inside The Story

Holos Communities - DenaliKFA Architecture

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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