Beacon is proud to announce the financial closing of KWA 15th & Tacoma for the Korean Women’s Association. The new building in downtown Tacoma will include 88 units of deeply affordable housing for seniors, with a focus for seniors with limited English proficiency. To support residents’ ability to age in place, an onsite social services coordinator will assist residents identify, access, and coordinate services. The building will also include a 2,300 square foot Learning Center where residents and community members can benefit from events and programs of the Korean Women’s Association, including an onsite meal program.
Korean Women’s Association’s 15th & Tacoma project is made possible through funds from the City of Tacoma, Tacoma Community Redevelopment Association, Pierce County, Pierce County Community Development Corporation, the Washington Housing Trust Fund, the HUD 202 program, Key Bank, Key Community Development Corporation, Heritage Bank, Federal Home Loan Bank, and the Washington State Housing Finance Commission. Design and construction partners include Environmental Works and Marpac Construction.