Financing secured for a new 44 unit community in Pennsylvania

Posted by beacon on Tue, Feb 23, 2021 at 5:39 PM

Beacon, Construction, Pennsylvania, Senior Housing

Rendering by Kramer Marks Architects

HumanGood East in partnership with Inglis Housing Corporation has secured financing for a 44 unit affordable housing community in suburban Philadelphia. The site for the proposed Makemie Court community is adjacent to an existing HG community, Grace Court located in Yeadon, Delaware County. Makemie Court will consist of 44 units, including 32 units for individuals 55 years of age or older, 8 units for physically disabled individuals of any age, and 4 units reserved for physically disabled individuals 55 years of age or older.

Makemie Court will be co-developed by HumanGood East and Inglis Housing Corporation (Inglis). Inglis is a nonprofit organization whose founding dates back to 1877. Inglis’ mission is to enable people with physical disabilities — and those who care for them — to achieve their goals and live life to the fullest. Today, Inglis is the largest private provider of affordable accessible housing in the Greater Philadelphia region with more than 300 accessible, affordable apartment homes for people with disabilities.

All units at Makemie Court will be one-bedroom. The new four-story, mid-rise building will include an outdoor amenity space; including a gazebo, meditation garden and a parking area with 22 spots. A walking path will loop around the site and connect to the adjacent Grace Court. This walking path will create the community feeling of a campus and encourage interaction between the residents of the two properties. The first floor of Makemie Court will feature a lobby, community room with bathrooms and a demonstration kitchen, supportive services delivery space, a laundry room, mailroom, commissary, and a manager’s office. The total building square footage is estimated to be 41,552 GSF. Current plans are to have all units setup with Smart Home Technology. Units will sync with the Amazon Echo family of products to give tenants with physical disabilities the ability to be more independent.

The project is fully funded and expects to close its financing by June 2021. The sources of funding include the competitive low income housing tax credits from Pennsylvania Housing Finance Agency, HOME funds from Delaware County, Affordable Housing Program funds from the Federal Home Loan Bank of Pittsburgh and operating subsidy from the Chester Housing Authority. The equity partner is Raymond James and the debt provider is TD Bank. In addition both sponsors have committed funds to the project. Construction is expected to begin this summer.

Northaven Three Construction Update

Posted by beacon on Tue, Dec 15, 2020 at 9:27 PM

Beacon, Construction, Senior Housing, Washington

Northaven Three will be located in the current parking lot of Northaven Senior Living creating an opportunity to share amenities with the existing facilities. As you can see by the photos, the site is very narrow and Walsh Construction’s initial demolition and excavation activities have to be thoughtfully orchestrated. Stay tuned for more updates as the project progresses!

Construction has begun on Northaven Three

Posted by beacon on Fri, Oct 30, 2020 at 4:53 PM

Beacon, Construction, Senior Housing, Washington

Last week, Northaven Senior Housing hosted a ground breaking ceremony for the new Northaven Three project, a partnership between Northaven and HumanGood. The $24.8 million project includes 82 units of affordable housing for low-income seniors in a campus setting with adjacent dining, health and social services. The 82 units is a mix of studios and 1-bedroom apartments that includes 20 units for seniors earning up to 30% AMI, 42 units for seniors earing up to 50% AMI, and 20 units for seniors earning up to 60% AMI. The project secured a HUD 202 award in 2019 as one of only 14 projects awarded nationally. The project will be located near the Northgate mall and less than a mile from the Northgate transit center and future light rail.

Northaven Senior Housing Executive Director Darlene Storti, Director of Development Bill Dorn, and Washington State Senator David Frockt were among the speakers who shared their gratitude for the project. Northaven Three is a partnership between Northaven Senior Housing and HumanGood Affordable Housing based on their aligned missions to provide high quality communities for seniors. The anticipated completion date is early 2022.

Executive Director of Northaven Senior Living Darlene Storti, Managing Principal & Owner of VIA Architecture Wolf Saar, Capital Investments Manager for the Office of Housing Laurie Olson, VP of Beacon Development Group Brian Lloyd, Washington State Senator David Frockt

Financing closes on $170M on Two California Projects to Renovate 200 Units

Posted by beacon on Fri, Aug 21, 2020 at 5:57 PM

Acquisition/Rehab, Awards & Recognition, Beacon, California, Construction, Family Housing, Historic Buildings, Occupied Rehabs, Senior Housing

Starting in Northern California and in partnership with Third Baptist Church, Beacon Development Group and HumanGood Affordable Housing successfully closed on a $100M low income housing tax credit financing for the renovation of 104 units at Frederick Douglas Haynes Gardens Apartments. This redevelopment will improve the quality of living for the residents and preserves the community’s affordability for years to come. Frederick Douglas Haynes serves low-income families in the heart of San Francisco’s Filmore district.

Rendering of Community Room at Frederick Douglas Haynes by Paulett Tagartt Architects.

The Third Baptist Church of San Francisco was founded in 1852 and has been a staple in the San Francisco community for 168 years. As the first African American congregation west of the Rockies, Third Baptist Church has continuously worked with their community to address the rapidly growing need for affordable housing and equity. The preservation of the Frederick Douglas Haynes Gardens Apartments was critical for the large families and communities of color that have been disproportionately displaced in a quickly gentrify urban core of San Francisco.

In Southern California, Beacon Development Group and HumanGood Affordable Housing closed on $70 million in total financing to preserve and rehab 96 units of senior housing at Castle Argyle Apartments. This project will have major upgrades of all systems and a complete seismic retro-fit.

Originally constructed in the 1920s as an apartment-hotel serving the silent film industry, it housed movie stars such as Clark Gable, Howard Hughes, Ronald Reagan and Cecil B. DeMille. The design intent of this renovation is reveal the building’s classic character and re-introduce its orgins of the Golden Era. Along with rehabbing all units and addition of service spaces, the restoration of the grand lobby and office space will bring the building back to its classic Hollywood style.

These accomplishments in the middle of a pandemic and social unrest are a testament to our team’s professionalism, commitment, and love of the mission.

Beacon is Hiring – POSITION FILLED

Posted by beacon on Wed, Dec 4, 2019 at 6:26 PM

Beacon, Construction, Washington

Beacon Development Group seeks an experienced Construction Manger to assist its development teams in the feasibility, design and construction of housing development projects. Ideal candidate has strong project management experience and construction experience. They are detail-oriented, respected in the industry and focused on team and client needs.

The Construction Manager (CM) is an important member of a development team at Beacon. The CM is responsible for physical aspects of a project from feasibility to lease-up and warranty. They work closely with a Project Manager (PM), who is responsible for the financial aspects of a project. The PM is further responsible for establishing the project goals, including those of the client, budget and schedule. The CM’s job is to ensure the project goals are met relative to design and construction. The CM must be aware and communicate with the PM on issues that could impact the project budget or schedule or could have legal or regulatory consequences.

The job is varied and requires curiosity, initiative, flexibility and communication excellence. CM’s should be willing to research and teach staff about new technologies or trends in the industry. They should have or develop a network of professional resources to assist with project needs. Fundamentally, the CM is a problem solver who deploys resources effectively, efficiently and ethically to support vital affordable housing projects.

For more information on the position and to apply please visit Taleo.

Filipino Community Village Ground Breaking Ceremony

Posted by beacon on Mon, Oct 21, 2019 at 5:10 PM

Beacon, Construction, Senior Housing, Washington

On September 18, Beacon joined Filipino Community of Seattle, HumanGood Affordable Housing, elected officials including Mayor Durkan and more than 200 local community members and donors to celebrate the ground breaking of Filipino Community Village. The new community, totaling just over $36 million in development, will offer a unique model combining culturally-specific social services and 95 affordable apartment homes for low-income seniors. A segment of the apartments will be set aside for people with disabilities. The building will also house the Innovation Learning Center for the local youth. The learning center will offer computer courses, a robotics program and a science-technology-engineering-arts-math (STEAM) program.

“The Filipino Community Village is made possible by the decades-long efforts of the Filipino Community of Seattle, and our very own Beacon Development Group and HumanGood. This milestone brings us ever closer to making this dream a reality for the low-income seniors of Seattle for many years to come. As the Seattle market continues to price out countless low-income seniors, we are proud to welcome what will soon be HumanGood’s 96th affordable housing community,” said Ancel Romero, president of HumanGood Affordable Housing.

The project is funded through support from the City of Seattle, the State of Washington, King County, Umpqua Bank and Hudson Housing Capital. The project team includes Beacon Development Group, Rolluda Architects and Marpac Construction. HumanGood Affordable Housing will manage the new community upon it’s completion in March 2021.

Yakima Housing Authority Ground Breaking Ceremony

Posted by beacon on Tue, Sep 24, 2019 at 8:27 PM

Beacon, Construction, Washington

Anticipated completion date is July 2021

The Yakima Housing Authority (YHA) was joined by funding partners, elected officials and the development team to mark the start of construction of their latest project, Chuck Austin Place. The project will provide 10 two-bedrooms, 17 one-bedroom and 14 studio units of supportive housing for homeless veterans and their families. It will include a comprehensive social service center for homeless veterans in the Yakima community, including a medical and dental clinic operated by Yakima Neighborhood Health Services and case management offices for the VA and Blue Mountain Action Council.

The former Yakima Armory is being donated to YHA through a federal property disposition program. Funders include the State Housing Finance Commission, Enterprise Community Investment, Heritage Bank, the State Department of Commerce Housing Trust Fund and Local and Community Projects funds, the City of Yakima, Federal Home Loan Bank, and Impact Capital. The rooftop solar panel installation is being funded through a grant from Pacific Power’s Blue Sky fund and Energy Tax Credits via Enterprise. US Senator Patti Murray and Chuck Austin, a three-war veteran and the project’s namesake, spoke at the event.

Veteran Chuck Austin, YHA Executive Director Lowel Krueger and WA Senator Murray

YWCA Pierce County Ground Breaking Ceremony

Posted by beacon on Wed, Jul 24, 2019 at 5:56 PM

Beacon, Construction, Family Housing, Special Needs, Washington

Home at Last, YWCA Pierce County (Rendering: SMR Architects)

YWCA Pierce County CEO Miriam Barnett, Tacoma City Council Member Ryan Mello, Mayor of Tacoma Victoria Woodards, Tacoma Housing Authority CEO Michael Mirra, Washington State Senator Laurie Jinkins and U.S. Representative Denny Heck.

On July 20^th, YWCA hosted a ceremonial groundbreaking for their Tacoma project Home at Last that is scheduled to start construction next month. The project will provide 54 units serving individuals and families whose income are at or below 30% or 50% of the area median income, plus one manager’s unit. There will be a range of unit sizes from studios to three-bedroom units to accommodate these families, with 42 units set aside for homeless households and 12 units designated for families with special needs. The ground floor of the building will contain 4,000 square feet of space that will house support services. The YWCA’s counseling and housing programs will occupy this space. Residents will have access to a full range of programming provided by the YWCA in the adjacent building, including legal services, therapeutic children’s programming, youth services and support groups.

YWCA Pierce County CEO Miriam Barnett, Mayor of Tacoma Victoria Woodards and Washington State Representative Laurie Jinkins were among the speakers who shared their appreciation for the project. The $23 million construction is scheduled to be completed in Spring of 2021.

For more information on the project you can visit: https://www.homeatlastywca.org/.

Topping Off of Wenatchee Supportive Housing

Posted by beacon on Wed, Jun 12, 2019 at 11:11 PM

Beacon, Construction, Family Housing, Washington

The four-story building will have two elevators and over 5,000 sf of residential common areas

On May 31st, Beacon hosted a lunch to celebrate the Topping Off of Wenatchee Supportive Housing.

The project will provide 67 units of affordable supportive housing in the rural Wenatchee, WA . The project sets aside (16) 811 PRAC units for people with disabilities, another (33) units are set aside for homeless families with children. The projects incomes will be restricted households at or below 30%, 40% and 60% of area median income. The four-story building will consist of 25 one-bedroom, 20 two-bedroom and 22 three-bedroom units. Each floor will be equipped with common laundry facilities and the ground floor includes office space for property management and residential case management staff with a large community space for residents. The location offers scenic views, overlooking the Wenatchee valley with the Columbia River to the East and the Central Cascades to the Southwest.

Catholic Charities Housing Services is the project sponsor and the list of funders includes WA State Housing Trust Fund, 811 PRAC, WSHFC Low Income Housing Tax Credits, National Equity Fund (NEF), City of Wenatchee, Catholic Charities Diocese of Yakima, and Chelan-Douglas County. The completion date is scheduled for December 2019.

The construction crew and project team enjoyed tacos in the soon to be community room

Eastern view from Wenatchee Supportive Housing

CONSTRUCTION IS COMPLETE ON 2 CALIFORNIA PROJECTS

Posted by beacon on Mon, Dec 31, 2018 at 12:28 PM

Acquisition/Rehab, Beacon, California, Construction

Life’s Garden Renovation Includes a Modernized Exterior Entrance

At the end of October 2018, Life’s Garden community in Sunnyvale, CA completed its $65-million-dollar redevelopment that started in 2016. The renovation touched every aspect of the community from new fixtures and finishes in all units, improved mobility features throughout the property, installation of drought tolerant landscaping, and an expansion of the management office. The 208-unit building was originally constructed in 1974 to serve seniors 62 and older. To continue that mission, the project took additional steps to provide residents the opportunity to age in place on the premise. The property now has improved ADA parking closer to the building, new cane detection curbs at overhead protruding stairs and widened outdoor walkways to accommodate wheelchairs. Due to the scale of the project and the comprehensive renovation, construction occurred over 8 phases requiring the temporary relocation of more than 200 residents.

Life’s Garden grand re-opening is scheduled for January 10, 2019.

Mount Rubidoux Manor Receives a Cheerful Exterior Makeover

And in November 2018, we completed the $36 million, 12 month refinance and rehabilitation of Mt. Rubidoux Manor in Riverside, CA. The renovation includes significant energy upgrades, full building system replacements, upgraded unit finishes and re-energized community and office spaces. Built in 1971, the 188 unit community provides much needed affordable senior housing to the City of Riverside.

More details about the project can be found here.

The grand opening for Mt. Rubidoux is anticipated for March of 2019.

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