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.
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 3rd 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.
Solar panel installation reduces carbon footprint and costs for affordable housing sector.
HumanGood has been making strides in our efforts to reduce its carbon footprint and costs for our properties and residents. Beacon Development Group, HumanGood’s development arm, has been installing solar panels on new affordable housing communities and rehabilitation projects using two solar technologies: solar photovoltaic, which uses sunlight to generate electric currents, and thermal, which uses sunlight to heat water used in the communities. Currently, more than a dozen affordable housing communities own their own solar system whether it is solar electric or solar hot water. Outside ownership, there are also other options to provide these technologies for our communities.
The Solar on Multifamily Affordable Housing (SOMAH) and Multifamily Affordable Solar Housing (MASH) programs help provide clean energy and save costs for residents at no cost to the property. The programs are offered to select California utility providers and present financial benefits, improve environmental sustainability, and offset the costs of climate change for communities. Approximately 50 percent of the solar produced will reduce residents’ energy bills while the other 50 percent benefits the communities themselves.
“We have the footprint across our portfolio to use the sun to power our buildings and in some cases, heat the water used by our residents,” said George Sousou, construction management director, Beacon Development Group. “There are many benefits to solar whether it’s the reduction in our buildings’ carbon footprint, the cost savings to daily operations and residents, or just doing our part of being responsible building owners.”
Beacon’s construction management department installed solar technology on four HumanGood affordable housing communities across California through the SOMAH program: Valley Vista, Judson Terraces Homes, Life’s Garden, and Sycamore Terrace. Fern Lodge is also 75 percent complete with its installation. Beacon plans to complete installation at six more communities in the next year under a contract with SunRun.
“I hope to one day see solar and other renewable energy alternatives across our entire portfolio of affordable housing and life plan communities,” said Sousou. By the end of 2024, Beacon plans to install solar panels in a total of 23 HumanGood affordable housing communities in California.
HumanGood affordable housing community Castle Argyle was recently announced as a winner in the 60th 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.
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.
HumanGood Affordable Housing in partnership with Sunnyvale Life, Inc. has secured financing for a new affordable housing community in Morgan Hill, CA. Morgan Hill Senior Housing will be a 3-story apartment building consisting of 83 large one-bedroom units serving low-income and special needs seniors.
Outdoor amenities include a central courtyard, raised planter beds, drought tolerant landscaping, a covered walkway and drop-off area that leads to 37-pervious resident parking spaces. Equipped with photovoltaic solar panels on the roof top, this apartment building will be fully electric only. Interior features include a welcoming lobby, manager and service coordinator offices, community room, secured laundry room, media room, fitness center and a 3rd floor roof deck open space. The total building square footage is estimated to be 69,825 sq. ft.
After nearly two years of construction, Beacon Development Group and HumanGood Affordable Housing celebrated the grand reopening of Castle Argyle Apartments in Los Angeles, CA. With construction completed back in May 2022, this 96-unit senior housing community has been redeveloped to be better than ever.
The building renovations included seismic upgrades; new mechanical systems such as two new elevators; new electrical systems and energy upgrades through solar voltaic panels to help offset electricity costs; as well as new plumbing systems. On the interior, the grand lobby was designed to highlight is classic Hollywood style and new offices layouts including space for resident services and a nurse. All unit interiors received new appliances, kitchens, and bathrooms. Each unit also received a central heating and air conditioning system for the first time. Exterior site work upgrades include new drought-tolerant landscaping and concrete/asphalt repaving, exterior building repairs and painting.
The iconic “Castle Argyle” sign that sits atop the building and the historic “Castle Argyle Arms” sign above the entry staircase on Argyle Avenue were also restored to its original neon colors and are fully operational again. Two new murals were also added; one inside the lobby and an external mural on the parking structure wall. The lobby mural provides a decorative and welcoming visual feature for residents and visitors which has a prominent position upon entry. The exterior mural serves not only as a powerful artistic feature enhancing a large concrete wall, but also represents the diverse history of Castle Argyle, its residents and the community. Muralist Roberto Biaggi, an artist based in San Juan, Puerto Rico who has over 125 international installations, developed the final design.
A combination of tax-exempt bonds and low-income housing tax credits was used to fund the rehabilitation of the entire building. The tax credit equity partner and construction lender for the building was U.S. Bank, and permanent financing was provided by Citibank Community Capital. Special thanks are due to the project team of Relativity Architects and Walton Construction, the general contractor.
Grand Opening Event in front of newly renovated community room and BBQ area.
On April 12th, 2022, The Board of Third Baptist Gardens, in partnership with HumanGood Affordable Housing, celebrated the completion of the extensive renovations of Frederick Douglas Haynes Apartments. Under the redevelopment oversight of Beacon Development Group, the six building, 104-unit redevelopment included fully renovated apartments with all new electrical, plumbing, and all new kitchens, bathrooms, flooring in addition to a new community room, courtyard, children’s play structure, resident services coordinator’s office and resident BBQ area.
FD Haynes Apartments is a multi-family affordable housing community located in the historic Fillmore neighborhood of San Francisco, developed in the mid-1970s by Third Baptist Church, one of the oldest African American Churches in the city dating back to the mid-1800s.
The apartments were named after Pastor Frederick Douglas Haynes Sr. who led the church for over 38 years and built Haynes Apartments to provide affordable housing to African American families. Since 1976, the church has been led by Reverend Amos Brown, who has been a civic leader and advocate for keeping African Americans in San Francisco.
New landscaping, walkways, and building wayfinding at Frederick Douglas Haynes Apartments.
New cabinetry and appliances in resident units at Frederick Douglas Haynes Apartments.
The redevelopment of the 104-unit Frederick Douglas Haynes Apartments in San Francisco, CA and 94-unit Castle Argyle Apartments in Los Angeles have both reached 50% completion. Each Community started extensive rehab in August 2020, the completed phase 1 redevelopment of Frederick Douglas Haynes included the renovation of all units in three buildings which also encompassed the property management office, laundry room and community room. New landscaping, walkways, repaved parking lots, and mailbox locations have also been installed.
Restored original signage at Castle Argyle Apartments.
New cabinetry and appliances in residential units at Castle Argyle Aprartments.
As we cross 50% project completion at Castle Argyle, much of the seismic foundation work has been completed and new sheer walls have been extended to the 7th floor. A new elevator shaft has been constructed, and the total remodel of half the resident units is nearly done. The restoration of key architectural features in the coming work will showcase the building’s classic look.
We are pleased to announce that Beacon has helped its parent company HumanGood in securing an award from the Capital Magnet Fund of $5.25 million to finance the development of affordable housing in California, Washington and Pennsylvania. The Capital Magnet Fund (CMF) program supports financing for the preservation, rehabilitation, development or purchase of affordable housing for low-income communities. This is the first CMF grant award ever received by HumanGood, and one of the largest grant awards allocated in this recent round of funding.
Beacon and HumanGood will use the grant award to address the challenges facing extremely low-income and very low-income senior households. Nationwide, there is a significant shortage of age-restricted affordable housing. According to the Harvard Joint Center for Housing Studies, the number of households aged 65 and older will grow from 48 to 79 million over the next two decades. In addition, the number of households aged 75 to 79 will increase 49% to 8.9 million by 2028 and increase another 20% to 10.7 million by 2038, a trend that also continues with households ages 80 and older. This increase in aging communities has produced an increased demand for age-restricted affordable housing. It is projected that by 2038, demand for affordable housing for low-income seniors will significantly outstrip the supply of these units.
Beacon and HumanGood have created a pipeline of ten projects that will preserve and create more than 700 affordable age-restricted rental units in California, Washington and Pennsylvania