2025 Housing California Conference

Posted by Alanna.Lopez@beacondevgroup.com on Wed, Mar 12, 2025 at 9:30 PM

California, Construction, Senior Housing

Beacon Development Group team members—Monalisa, Justin, Peggy, Madeline, Matt, George—attended the Housing California conference in Sacramento, CA.

From March 5th-7th, members of the Beacon Development Group, who work with our communities and development projects in the California geographic footprint, attended the Housing California conference in Sacramento. This year marked the event’s highly anticipated return to the state capital, generating a lot of excitement. Throughout the day, BDG team members participated in workshops covering a range of topics, including the current landscape of the affordable housing industry, insurance, lending and investment trends, construction solutions, and the latest federal housing policy crisis. In addition, staff had the opportunity to network with industry peers, vendors and key investors and lenders. Building these relationships is crucial as we navigate the evolving financial and policy landscape.

Introducing Tahoma Place: A New Affordable Housing Community in Tacoma, WA

Posted by beacon on Wed, Nov 27, 2024 at 6:57 PM

Beacon, Construction, Senior Housing, Washington

Beacon Development Group is excited to announce the opening of Tahoma Place, a newly developed affordable housing community in Tacoma, Washington, in partnership with the Korean Women’s Association (KWA). This six-story, 88-unit apartment building offers a mix of studio, one-bedroom, and two-bedroom apartments designed to provide safe and affordable housing for seniors and veterans. Of the 88 units, 20 are designated as HUD-assisted for seniors aged 62 and older who are experiencing homelessness. The community includes 48 studio apartments, 39 one-bedroom units, and one two-bedroom apartment, offering a range of living options to meet the needs of the residents. In addition to its housing offerings, Tahoma Place emphasizes sustainability with solar panels that generate 25.2 kW of energy, helping to reduce environmental impact and keep energy costs low for residents. A key feature of Tahoma Place is the on-site services coordinator provided by KWA, offering residents access to a variety of senior-focused programs, including in-home care, healthcare referrals, and food assistance resources. The building also includes an industrial kitchen and learning center, providing opportunities for residents to engage in social, educational, and community-building activities. Indoor amenities at Tahoma Place include a welcoming lobby, a community room for gatherings, a fitness center, and a secure laundry room. Additionally, the building provides on-site staff offices for daily support and management. Outdoor amenities include two resident decks on the 2nd and 6th floors and two courtyards, providing green spaces for relaxation and recreation. Tahoma Place reflects our commitment to providing quality affordable housing for seniors and veterans, while also fostering a supportive community that promotes well-being and independence. With the partnership of the Korean Women’s Association, this new community is more than just housing – it’s a place where residents can thrive with access to essential services and a variety of on-site amenities designed to enhance their quality of life. For more information or to inquire about available units, please visit Tahoma Place Apartments.

Construction Completion of Morgan Hill Senior Housing

Posted by beacon on Mon, Sep 16, 2024 at 8:38 PM

California, Construction, Senior Housing, Sustainable Buildings

We are excited to celebrate the recent completion of the Morgan Hill Senior Housing community. This community is a partnership between HumanGood Affordable Housing and Sunnyvale Life, Inc and is our second project collaboration together in the South Bay Area. This new construction 3-story apartment building consists of 81 one-bedroom apartment units which will serve low-income seniors 62+ and with disabilities.

The community is also partners with Santa Clara Health Plan (SCHP), a community-focused health plan committed to improving health and wellness. Fourteen (14) units are reserved for Special Needs residents who are transitioning from skilled nursing facilities to independent living.

Morgan Hill Senior Housing offers a range of amenities designed to enhance the lifestyle of its residents. Interior features include a welcoming lobby, offices for the manager and service coordinator, a community room, a secured laundry room, a media room, a fitness center, and a third-floor roof deck with open space. Outdoor amenities include a meditation court, a beautifully landscaped courtyard with raised planters managed by residents, and an outdoor BBQ area.

In February 2025, Morgan Hill Senior Housing earning the GreenPoint Rated Platinum Certification. A monument plaque displayed onsite proudly represents this accomplishment, demonstration to our residents that their community was built with a strong emphasis on quality construction, comfort, health, and energy efficiency—enabling them to live their best lives.

Oregon and California Project Finance Closings

Posted by beacon on Tue, Mar 19, 2024 at 9:22 PM

Acquisition/Rehab, California, Oregon, Senior Housing

Rendering by DBA Architecture and Planning, PC

We are proud to announce the recent closing on two affordable senior housing communities. We completed our first acquisition-preservation l closing in the state of Oregon for the rehabilitation of Olive Plaza Apartments. This 12-story apartment building with 150 one-bedroom units is located in downtown Eugene. With the help of The City of Eugene, Oregon Housing and Community Services, HUD, Enterprise and Umpqua Bank, we will be able to modernize the 40-year-old building and preserve and extend the HUD Section 8 HAP for another 20-years. This will allow us continue serving low-income seniors 62 years of age and older.

In addition, Clark Terrace in Norco, California also closed financing. This project is the third rehabilitation Beacon Development Group and HumanGood Affordable Housing have undertaken under HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program. Clark Terrace two adjacent 2-story apartment buildings consisting of 80 one-bedroom total units which serve low-income seniors 62 years of age and older.

Canterbury Village & The Gardens Construction Completion

Posted by beacon on Fri, Dec 22, 2023 at 7:14 PM

California, Construction, Occupied Rehabs, Senior Housing

Following several years of advocacy and the historic overhaul of HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program, Beacon is happy to announce the completed redevelopments of one of the first RAD for PRAC (LIHTC) funded projects in the nation. Canterbury Village and The Gardens which provide 64 and 75 units respectively, have both reached construction completion! Canterbury Village in Santa Clarita, CA completed construction in June 2023 after a 13-month rehab. Meanwhile, The Gardens in Glendale, CA finished rehabilitation a few months later in August 2023 after 14-months.

Both projects included renovations of their property management offices, laundry rooms, libraries and community rooms. The building’s plumbing, HVAC, and electrical systems were completely overhauled. New mailbox locations and elevator shafts work has been completed as well. On the exterior; window framing, paint, egress and parking pavement have been updated. Residents enjoy remodeled kitchens, new bathroom, flooring, and windows.

These 139 units, which have provided housing to low-income seniors for over 30 years, will now be able to continue to serve the community for the next 30 years.

MORGAN HILL SENIOR HOUSING REACHES 50% COMPLETION

Posted by beacon on Thu, Dec 7, 2023 at 5:53 PM

California, Construction, Senior Housing

In the South Bay Area of Northern California, Morgan Hill Senior Housing, the partnership community between HumanGood Affordable Housing and Sunnyvale Life, Inc. has reached its 50% construction completion milestone. This 3-story apartment’s new construction consists of 82 large one-bedroom units which will be serving low-income seniors 62+ and adults with disabilities.

On the building’s interior, the rough mechanical, electrical and plumbing are being completed along with the roofing and window installation. In the coming months, the building exterior stucco and paint, outdoor, drought tolerant landscaping, and a covered walkway to the drop-off area and resident parking lot will be completed. Solar stanchions have been installed throughout the entire roof top to accommodate for the photovoltaic solar panels to power this fully electric building. Interior features include a welcoming lobby, manager and service coordinator offices, community room, secured laundry room, fitness center and lounge on the 3^rd floor with roof deck open space.

This is the second affordable housing partnership project between HumanGood Affordable Housing and Sunnyvale Life, Inc. with their first being a rehabilitation of Life’s Garden community in Sunnyvale, CA back in 2016. Construction completion of Morgan Hill Senior Housing is scheduled for summer 2024.

Ethiopian Village Grand Opening

Posted by beacon on Tue, Sep 5, 2023 at 4:30 PM

Beacon, Construction, Project Openings, Senior Housing, Urban/Mixed Use, Washington

Members of Ethiopian Community in Seattle, Beacon Development Group, and HumanGood Affordable Housing celebrated the grand opening of Ethiopian Village over traditional Ethiopian food, coffee, and wine. Ethiopian Village is made possible by Ethiopian Community in Seattle and HumanGood Affordable Housing partnering to provide 90 units of culturally appropriate, affordable senior housing. This new project synergizes with the existing community center which was renovated and expanded to meet the current and future needs of the Ethiopian Community in Seattle.

One of the most prominent features of Ethiopian Village is the large vinyl prints which grace the sides of the Ethiopian Village with murals of Ethiopian traditions, motifs, and values. These murals were designed by a local artist from the community.

The building is connected to the renovated ECS headquarters and a coffee shop to recognize the social tradition of meeting over coffee, and the beginning of a community. Ethiopian Village welcomes all residents who meet the income qualifications, and residents do not need to be Ethiopian to live in the community.

Ethiopian Village is currently accepting applications from low-income seniors 55 years and older.

Castle Argyle wins in 60th Annual Gold Nugget Awards

Posted by beacon on Mon, May 22, 2023 at 5:11 PM

Awards & Recognition, California, Senior Housing

HumanGood affordable housing community Castle Argyle was recently announced as a winner in the 60^th Annual Gold Nugget Awards 2023 Award of Merit list for Best Affordable 55+ Housing. According to the Gold Nugget Award website, Award of Merit winners are selected by a panel of top industry experts who reviewed nearly 650 entries that showcase the most exciting trends in design, planning, and building. Castle Argyle serves seniors 62+ and adults 18+ with disabilities earning less than 50% of the area median income. With efforts from Beacon Development Group, Walton Construction, and Relativity Architects, the nearly 100-year-old building underwent renovations in 2022 that feature upgraded units and common spaces, energy-efficient appliances, new elevators and HVAC systems. The exterior also features new landscaping and a unique, custom mural by Puerto Rican-based artist Roberto Biaggi. Restoration of the Castle Argyle building was brought back to its classic Hollywood style.

“I want to recognize the perseverance, innovation, and resilience of the entire design, development, operations, and resident services team, that overcame so many challenges to do what is right,” said Cindy Proctor, vice president at Beacon Development Group. “They, along with the residents themselves, endured COVID-19 isolation, temporary relocations, and the stress of rehabilitating the building.” Castle Argyle’s renovations were graciously funded by Citi Bank and U.S. Bank, and the United States Department of Housing and Urban Development.

The Golden Nugget Awards celebrates art, innovation, and development in categories such as senior housing, mixed-use, educational, and indoor-outdoor lifestyle. The awards are presented at the Pacific Coast Builders Conference, the leading event of Leading Builders of America. This year, the event will be held on May 24 in Anaheim.

Filipino Community Village Awarded 2^nd Place in Affordable Housing Category by Senior Housing News

Posted by beacon on Fri, Feb 3, 2023 at 6:31 PM

Awards & Recognition, Construction, Senior Housing, Washington

In December 2022, Filipino Community Village was recognized by the Senior Housing News Award for excellence in affordable housing. The 95-unit affordable senior housing development features a 5,000 square foot Innovation Learning Center for seniors and students to access Science, Technology, Engineering, Art, and Math (STEAM) programming. The highlight of this project is a commissioned set of four murals in the new plaza by an internationally renowned Filipino artist. This artwork educates the community about the history of Filipino Americans from pre-Spanish occupation to Seattle’s present day Filipino community.

Filipino Community Village is the result of a partnership between HumanGood Affordable Housing, Beacon Development Group’s parent company, and the Filipino Community of Seattle (FCS). FCS has provided services to Filipinos in Seattle for decades and for many years has had the goal of building affordable senior housing. The site is adjacent to the existing Filipino Community Center, where residents have access to programming including a food bank, health screening, and cultural programs.

Beacon and HumanGood Affordable Housing are honored to receive the national 2^nd place award in the Affordable Housing category from Senior Housing News Award and look forward to future projects with the Filipino Community of Seattle.

Canterbury Village & The Gardens Construction Update

Posted by beacon on Wed, Jan 25, 2023 at 4:46 PM

Beacon, California, Construction, Senior Housing

The redevelopment of the 64-unit Canterbury Village in Santa Clarita, CA and 75-unit The Gardens in Glendale, CA have both reached 50% completion. Canterbury Village started its rehab in May 2022 with completing 4 out of its 6 phases. Closely behind, The Gardens started its rehab in June 2022, with completing 5 out of its 9 phases of the renovation. Completed rehab to date includes renovations of their property management offices, laundry rooms, libraries and community rooms. New mailbox locations and elevator shafts work has been completed as well. Both properties are expected to be completed by mid-2023.

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