Housing

SPON believes all cities need renewal.  However, development needs to be well-conceived, be mindful of traffic, views, the impact on the environment, and infrastructure.  Adherence to the General Plan is also important.  SPON is actively engaged understanding the many new laws and developing solutions to meet state requirements while maintaining the character of our city. 

The Formation of the Newport Beach Housing Trust is currently in the development stages.  This new 501©(3) nonprofit is the results of months of planning and collaboration between SPON and prominent local hospitality firm Eagle Four Partners and Newport Beach based Lyon Living to address the lack of affordable housing in Newport Beach.  Plans are to assemble capital from public, private, and philanthropic sources for the construction of affordable rental and ownership housing properties with the city.  The purpose will be to assemble capital from public, private, and philanthropic sources to finance the construction of affordable housing in Newport Beach.  This includes workforce housing, senior housing and ADU updates and construction.