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Funding for the Korean Women’s Association’s 88 Units of Low-Income Senior Housing

Posted by beacon on Mon, Mar 13, 2023 at 4:16 PM
Beacon, Construction, Family Housing, Urban/Mixed Use, Washington

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.

Rendering of Korean Women Association by Environmental Works

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.


Grand Reopening of Frederick Douglas Haynes Apartments

Posted by beacon on Thu, May 5, 2022 at 7:38 PM
Beacon, California, Construction, Family Housing

Grand Opening Event in front of newly renovated community room and bbq patio area.

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.


Chuck Austin Place Grand Opening

Posted by beacon on Tue, Feb 1, 2022 at 8:01 PM
Beacon, Family Housing, Special Needs, Washington

Photo by Edison Creative Group (Valleyford, WA)

 

 

 

 

 

 

 

 

 

On the 246th birthday of the US Marine Corps, Beacon joined more than 100 veterans and elected officials to celebrate the opening of Yakima Housing Authority’s (YHA) Chuck Austin Place.  The project is located on the former Yakima Armory which was donated to YHA through a federal property disposition program.  It provides 14 studios of permanent housing, 17 one-bedroom units, and 10 two-bedroom units for homeless singles and families.

Photo by Edison Creative Group (Valleyford, WA)

The 12,000 SF of social services space will provide comprehensive services in one location for homeless veterans in the Yakima community. Yakima Neighborhood Health Services will operate a primary care clinic and additional social service office space will be occupied by Veterans Administration Supportive Housing (VASH) case managers and Supportive Services for Veteran Families (SSVF) case managers. This project addresses the need in Yakima for housing and services for homeless veterans in the community.

 

 

 

 


Frederick Douglas Haynes Apartments & Castle Argyle Construction Update

Posted by beacon on Mon, Aug 2, 2021 at 3:13 PM
Acquisition/Rehab, Beacon, California, Construction, Family Housing, Historic Buildings, Occupied Rehabs, Senior Housing

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.


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.


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 20th, 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


Three Beacon Projects Awarded City of Seattle Funding

Posted by beacon on Mon, Mar 18, 2019 at 8:55 AM
Beacon, Family Housing, Senior Housing, Washington

In December, Mayor Jenny Durkan announced that the City of Seattle will invest more than $75M to build and preserve affordable housing across Seattle. Ten New Construction projects were awarded funding including Northaven Three, Chief Seattle Club, and Maddux Apartments.

Northaven Three Anticipated Completion Date Early 2022

Northaven Three is a partnership between Northaven Senior Housing and HumanGood Affordable Housing to develop 85 units of affordable housing, serving independent seniors earning up to 30%, 50% and 60% of area median income. HumanGood and Northaven have partnered based on their aligned missions to provide high quality communities for seniors. The project will be located adjacent to the Northgate mall and less than a mile from the Northgate transit center and future light rail.

 

 

Chief Seattle Club Anticipated Completion Date October 2021

Chief Seattle Club (CSC) is developing a mixed-use affordable housing project in Pioneer Square. The eight-story building will include 80 units of housing (60 units will serve people who are homeless), CSC program spaces, a gallery/café and a primary care clinic. The project will provide a portion of the units with rental assistance so that some individuals pay no more than 30% of their income for rent. It will be designed to support the physical, cultural and spiritual needs of people in the Native community. Housing-based case management will be provided onsite and residents will have access to the community supports and services that are provided at CSC.

 

 

 

Maddux Apartments Anticipated Completion Date October 2021

Maddux Apartments is a two-building development, sponsored by Mount Baker Housing Association, that will provide affordable workforce housing for individuals and families earning at or below 50% and 60% area median income. The two-buildings will consist of 166 units: 97 studios, 11 one-bedroom, 48 two-bedroom and 10 three-bedroom. The project is a transit-oriented development located 2 blocks from the light rail in the Mount Baker neighborhood. Both buildings will provide ground floor commercial space, laundry facilities on each floor, resident lounge areas and a roof top terrace space.


HopeWorks Station II and Colby Avenue Center Groundbreakings

Posted by beacon on Fri, May 25, 2018 at 9:47 AM
Beacon, Family Housing, Special Needs, Urban/Mixed Use, Washington

 

Beacon Development Group is proud to announce the financial closing and groundbreaking of two new affordable housing projects in Everett, WA: HopeWorks Station II and The Colby Avenue Youth Center.

Conceptual rendering of HopeWorks Station II

HopeWorks Station II is sponsored by Housing Hope and HopeWorks and is located within the Everett Station District neighborhood on the 3300 block of Broadway in downtown Everett.

This new transit oriented, mixed-use development will provide affordable housing dedicated to serving individuals and small families who enter the residential program through homelessness or who are very low income. It will offer a Workforce Development Center comprised of food-focused culinary training programs, career counseling and confidence building, offering sustainable career pathways. The residential portion of the project will consist of 65 apartments: 28 studios, 27 one-bedrooms and 10 two-bedroom units dedicated to empowering disadvantaged veterans, families and youth towards self-sufficiency. For updated project information please click here.

The list of funders is extensive and includes predevelopment funding from Impact Capital, Low Income Housing Tax Credit equity from Enterprise, construction lending from JP Morgan Chase Bank, a Federal Home Loan Bank AHP award, New Markets Tax Credits allocated from Enterprise and Northern Trust, a bridge loan from Enterprise Community Loan Fund, public funding from the State of WA, City of Everett and Snohomish County, social investors and corporate, foundation and private donors from the community.

 

Conceptual Renderings of Cocoon House

The Colby Avenue Youth Center is Cocoon House’s new 31,848 square foot facility that will include a 4,200 SF youth drop-in center, social service and program space, and housing with 40 units for homeless youth and young adults. Cocoon House’s goal in creating this new building is to provide homeless youth in Snohomish County with access to a full array of housing and services in one, safe, secure location. The ground-floor youth day center will include a commercial kitchen, large common room, laundry area, shower rooms, computer room, music room, counseling offices and a visiting nurse primary care office. Cocoon House’s outreach, homeless prevention and administrative offices will also be located on this floor. The 40 units of housing, located on the second and third floors, will include 20 SRO units of transitional housing for 15 – 17 year old youth and 20 units of permanent supportive housing units for 18 – 24 year old young adults. The housing areas include common area kitchens and living rooms for residents to gather, eat and socialize. Twenty-four hour staffing and intensive case management support will also be provided by Cocoon House.

The list of funders includes WA State Dept of Commerce, Snohomish County, City of Everett, City of Marysville, Peoples Bank and Cocoon House.

 

 


Plaza Roberto Maestas Grand Opening

Posted by beacon on Tue, Oct 25, 2016 at 5:06 PM
Beacon, Family Housing, Project Openings, Urban/Mixed Use, Washington

A full plaza at the October 1 Grand Opening celebration

El Centro de la Raza celebrated the Grand Opening of their recently completed Plaza Roberto Maestas – Beloved Community on Saturday, October 1st. The 112 unit project serves a broad range of incomes in 1,
2, and 3 bedroom units adjacent to the Beacon Hill light rail station. Since 2011, Beacon has worked alongside El Centro de la Raza to realize their goal of providing a truly community inspired affordable housing and community space adjacent to their headquarters. The project includes new classroom space for El Centro de la Raza’s Jose Marti Child Development Center, a multi-cultural community center, retail space, office space, and a large public/private plaza.

The residential development cost was approximately $32 million (not including donated land); the project’s total development cost was approximately $45 million. Permanent and construction financing was provided by US Bank Community Development Corporation, the City of Seattle, the Washington State Housing Finance Commission, Washington Community Reinvestment Association, and a private capital campaign. Pre-development funding was provided by Enterprise Community Partners and Impact Capital.

20160826_smr_prm_1153_s

PRM’s new classrooms for El Centro de la Raza’s Jose Marti Child Development Center

The much needed housing is already 100% leased with a 5-year wait list. Two of the three retail bays are leased to the Seattle Metropolitan Credit Unit and the locally owned café The Station. El Centro de la Raza’s Business Opportunity Center will provide business development courses and micro-lending programs to local small business owners. The project will be a model for community-inspired, transited-oriented development in Seattle.

In addition, Beacon Development Group is happy to announce that we are moving into the project’s office space. We are excited to move to a new home that illustrates our commitment to our work and community. Our move is planned for the end of November – stay tuned for an official moving announcement and our new contact details!

The Grand Opening was a community inspired event attended by Seattle Mayor Ed Murray, City Council members and officials, and members of the Beacon Hill neighborhood. The ribbon cutting was followed by multicultural performances from local groups to celebrate the diversity of Seattle and the mission of the El Centro de la Raza.

It has been our privilege to work in collaboration with SMR Architects, Third Place Design Co-operative, 7Directions Architects, and Walsh Construction Co. We are proud to be part of a team working to expand opportunities for working families and individuals in Seattle. Congratulations to El Centro de la Raza on creating a truly “beloved community”!


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