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.

Rotary Terrace Senior Housing receives Senior Housing News Architecture & Design Awards

Posted by beacon on Fri, Jan 3, 2020 at 11:18 PM

Awards & Recognition, Beacon, California, Senior Housing

Rotary Terrace located in South San Francisco. Photo by Abraham & Paulin Photography.

Rotary Terrace Senior Housing located in South San Francisco, CA. Photo by Abraham & Paulin Photography.

Beacon Development Group is excited to announce that Senior Housing News (SHN) awarded Rotary Terrace Senior Housing as the first-place winner of the sixth Annual SHN Architecture & Design Awards for affordable housing communities.

SHN established the Architecture & Design Awards in 2013 as a way to recognize and celebrate companies utilizing cutting-edge design and innovation to improve the lives of seniors.

Rotary Terrace was among more than 100 communities worldwide vying for the top honors across nine categories which included affordable housing, assisted living, continuing care retirement community (CCRC), hospice, independent living, international, renovation/repositioning, skilled nursing/post-acute care and standalone memory care.

“Winning the SHN design award is a great honor for HumanGood. It reflects our larger organizational commitment to inspire seniors to live their best lives possible regardless of their economic status,” says Cindy Proctor, vice president at Beacon Development Group (BDG), a subsidiary of HumanGood.

Opened in January 2019, this 81-unit senior housing community was developed in partnership with HumanGood Affordable Housing (HGAH) and the South San Francisco Rotary Club. BDG worked closely with HKIT Architects and J.E. Roberts-Obayashi as the General Contractor to create an innovative design.

The design features of this community include comfortable spaces, two-rooftop terraces, a second-floor open-air courtyard and lounge areas. It also has sustainable design features including a solar power system, high-efficiency LED fixtures with sensor controls, EnergyStar appliances and dual-pane energy efficient windows. A fitness center, library and high-speed internet are among the community’s many amenities; and it also houses ground-level office space for the Rotary Club that doubles as a public community space.

Located a quarter mile from a Caltrain station in South San Francisco, CA, this five-story building is a great addition to the city’s downtown redevelopment subarea.

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.

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.

SUN TOWER BEFORE & AFTER PHOTOS

Posted by beacon on Thu, Oct 11, 2018 at 10:50 AM

Beacon, Senior Housing, Washington

Earlier this year, Beacon and HumanGood celebrated the grand re-opening of the Sun Tower community located in Yakima, WA. The transformation included all the systems and finishes which improved how the building functions in terms of efficiency, energy use and water use. The community now has a modernized feel that has enhanced residents’ comfort. For more detailed information on the project click here.

These photos highlight some of the renovations made to the common areas and residents’ units.

New life brought to Mount Rubidioux Manor

Posted by beacon on Thu, Jul 19, 2018 at 3:51 PM

Acquisition/Rehab, Beacon, California, Construction, Senior Housing

Exterior painting has begun

Mt. Rubidoux Manor, a 188 senior housing facility located in downtown Riverside, CA, is currently undergoing an extensive renovation. It is a 16-story residential building originally built in 1971 by Riverside First Baptist Homes, Inc. under the HUD Section 236 program. The current project is a partnership between HumanGood Affordable Housing and Riverside First Baptist Homes. This strategic partnership allowed the long-term vision and mission of Riverside First Baptist Homes Inc.to be preserved and strengthened with the mission and values of HumanGood Affordable Housing. The project targets seniors at or below 50% and 60% of median income but serves residents at much lower incomes through a HUD Section 8 contract covering 170 units. The building has 135 studio, 52 one-bedroom and 1 two-bedroom units.

The completed rehabilitation will include new unit kitchens, bathrooms, lighting and flooring, ADA upgrades, replacement of all exterior windows and doors, upgrades to both unit and common area heating / cooling systems, full tear down and replacement of roof and insulation, full replacement of supply and waste plumbing, a new energy efficient boiler, the addition of a rooftop photovoltaic system, exterior paint, conversion of an obsolete commercial kitchen to new office space, new community recreation and social service space and other common area upgrades. This is a welcomed rejuvenation for the 45+ year old building that has withstood earthquakes, emergency balcony repairs and a recent residential fire that damaged 13 units.

On June 28th, Walton Construction hosted a taco party for residents to celebrate 50% completion of the project and had over 200 attendees

Funding for the project includes an allocation of Low Income Housing Tax Credits from the California Tax Credit Allocating Committee, tax exempt bonds through Citibank, N.A., tax credit equity from Alliant Capital, City of Riverside HOME funds, a Housing Authority of the City of Riverside redevelopment successor agency loan and Low-Income Weatherization Program incentives. The project team includes Walton Construction and Egan Simon Architects. The expected completion date is November 2018.

Filipino Community Village Awarded City of Seattle Funding

Posted by beacon on Fri, Feb 23, 2018 at 9:27 AM

Beacon, Senior Housing, Urban/Mixed Use, Washington

In December 2017, Mayor Jenny Durkan and the City of Seattle announced affordable housing funding awards for projects across the City of Seattle, including Filipino Community Village.

Filipino Community Village is a 94 unit project in Rainier Valley that will serve low-income seniors earning up to 30%, 50%, and 60% of area median income. The project is sponsored by the Filipino Community of Seattle (FCS) in partnership with HumanGood Affordable Housing, Beacon Development Group’s parent company. Beacon will act as the developer for the project.

The project will include community and amenity spaces for residents as well as non-housing space for an Innovative Learning Center to provide computer access and STEAM (science, technology, engineering, arts and math) programming from young people in the Rainier Valley. The project is located immediately adjacent to the existing FCS Community Center, where residents will have access to FCS’s food bank, community activities, and other programming.

More on the project and the funding announcement as covered by the Seattle Weekly. The project is scheduled to break ground in 2019.

Filipino Community of Seattle Executive Director Sheila Burrus speaks at the City press conference.

Conceptual rendering of Filipino Community Village (current Filipino Community Village community center in foreground)

Conceptual rendering of Filipino Community Village (current Filipino Community of Seattle community center in foreground)

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