First-time Buyer Grateful for a Home to Call Her Own
2010-11-26 · By Editor
First-time homeowner Linda Kelley had never owned a home and says that her new Coronado townhome is far beyond what she dreamed possible. When you talk to her about her home, you feel her joy and excitement.
Kelley knew she would one day be a homeowner; it was just a matter of finding something she could afford. As a single woman working in South Central Los Angeles as an X-Ray technician, it was difficult to find a home she could qualify for on her income alone, but she stayed optimistic and persistent. She didn’t expect a fortress; just something she could call her own.
Kelley recalls looking at the houses in Signal Hill while walking with friends and wondering, “What do I have to do to afford a home like that?” She never expected to be the owner of a beautiful, brand new townhome in the city she really desired to live in—Long Beach.
Then, she found Coronado. The Coronado development, at Atlantic and 21st, was built for first time buyers with household incomes ranging from $40K – $65K per year.
With a mix of 2-, 3- and 4-bedroom townhomes, the Coronado community features spacious and light-filled floor plans, modern stainless steel Whirlpool appliances including a refrigerator, granite countertops, security systems, wireless technology, and “green” features.
For the last decade, the City of Long Beach has worked to revitalize the Atlantic Avenue Corridor, an 8-mile artery running from the northern city limit directly to the ocean.
For Kelley, one of the primary benefits of Coronado was the location. It’s close to everything, shopping centers, three great hospitals and the train station so she doesn’t have to worry about freeway traffic on the commute to work. Kelley also loves that she has the option to ride her bike to the beach if she wanted to on a whim. To Kelley, it feels like a dream.
City-assisted financing is making homeownership affordable, Kelley she points out, and residents get the benefit of staying in the community and continuing to contribute to the local economy. She explains that the city program means that, “We’re not leaving the city and taking our tax dollars with us.”
Kelley is now ready and excited to settle into her new home, which she lovingly calls “her white house.”
To learn about buyer eligibility, availability, and the prequalification process, visit CoronadoLB.com or call (888) 565-6279. The model homes and sales center for the Cornonado housing development are open by appointment from 10am to 5pm on Wednesday through Sunday.