Beacon Development Group is excited to announce the opening of Tahoma Place, a newly developed affordable housing community in Tacoma, Washington, in partnership with the Korean Women’s Association (KWA). This six-story, 88-unit apartment building offers a mix of studio, one-bedroom, and two-bedroom apartments designed to provide safe and affordable housing for seniors and veterans. Of the 88 units, 20 are designated as HUD-assisted for seniors aged 62 and older who are experiencing homelessness. The community includes 48 studio apartments, 39 one-bedroom units, and one two-bedroom apartment, offering a range of living options to meet the needs of the residents. In addition to its housing offerings, Tahoma Place emphasizes sustainability with solar panels that generate 25.2 kW of energy, helping to reduce environmental impact and keep energy costs low for residents. A key feature of Tahoma Place is the on-site services coordinator provided by KWA, offering residents access to a variety of senior-focused programs, including in-home care, healthcare referrals, and food assistance resources.
The building also includes an industrial kitchen and learning center, providing opportunities for residents to engage in social, educational, and community-building activities. Indoor amenities at Tahoma Place include a welcoming lobby, a community room for gatherings, a fitness center, and a secure laundry room. Additionally, the building provides on-site staff offices for daily support and management. Outdoor amenities include two resident decks on the 2nd and 6th floors and two courtyards, providing green spaces for relaxation and recreation. Tahoma Place reflects our commitment to providing quality affordable housing for seniors and veterans, while also fostering a supportive community that promotes well-being and independence. With the partnership of the Korean Women’s Association, this new community is more than just housing – it’s a place where residents can thrive with access to essential services and a variety of on-site amenities designed to enhance their quality of life. For more information or to inquire about available units, please visit Tahoma Place Apartments.
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Introducing Tahoma Place: A New Affordable Housing Community in Tacoma, WA
Beacon Development Group Knows How to Have Summer Fun!
This summer, our teams in California and Washington came together for an unforgettable series of events that celebrated collaboration, innovation, and community spirit.
In California, the BDG summer outing in San Francisco was a true highlight! The day began with an intriguing visit to Alcatraz Island, where the team explored the infamous old federal prison and soaked up its rich history. Following that adventure, they enjoyed a leisurely stroll along the vibrant Fisherman’s Wharf, culminating in a delightful lunch at Scoma’s Restaurant. It was a perfect blend of fun, food, and exploration!
Meanwhile, our WA team embraced a beloved Seattle tradition by attending a Mariners game. The festivities kicked off with tasty game day bites at Hatback’s restaurant, and the excitement continued as we headed to T-Mobile Park to cheer on the Mariners in their victory over the Tampa Bay Rays. With sunshine, thrilling baseball, and the camaraderie that defines our team, it was a day to remember.
Here’s to more amazing moments together!
Construction Completion of Morgan Hill Senior Housing
We are excited to celebrate the recent completion of the Morgan Hill Senior Housing community. This community is a partnership between HumanGood Affordable Housing and Sunnyvale Life, Inc and is our second project collaboration together in the South Bay Area. This new construction 3-story apartment building consists of 81 one-bedroom apartment units which will serve low-income seniors 62+ and with disabilities.
The community is also partners with Santa Clara Health Plan (SCHP), a community-focused health plan committed to improving health and wellness. Fourteen (14) units are reserved for Special Needs residents who are transitioning from skilled nursing facilities to independent living.
Morgan Hill Senior Housing offers a range of amenities designed to enhance the lifestyle of its residents. Interior features include a welcoming lobby, offices for the manager and service coordinator, a community room, a secured laundry room, a media room, a fitness center, and a third-floor roof deck with open space. Outdoor amenities include a meditation court, a beautifully landscaped courtyard with raised planters managed by residents, and an outdoor BBQ area.
Coming Soon: 234 Units of Affordable Housing
Beacon is proud to announce the 50% completion for 3 Washington projects with 3 different sponsors! Korean Women’s Association’s Tacoma project, Shiloh Baptist Church’s 13th and I Street projects, and El Centro de la Raza’s Four Amigos project are all halfway done!
Korean Women’s Association will provide 87 units of affordable housing project for low-income seniors with affirmative marketing towards AAPI seniors. This project includes a 1,200 square foot learning center where residents and community members can benefit from the programming offered by KWA.
Shiloh Baptist Church’s 13th and I Street project consists of two building which in total offer 60 one- and two-bedroom units for residents making 30%-50% of area median income. The project offers on-site services such as GED, financial literacy, parenting, 12-step, and afterschool/homework help to residents.
And El Centro de la Raza’s Four Amigos Beloved Community will provide 87 units of affordable housing for families. The site will house a bilingual early childhood education program and classrooms, an office for Consejo Counselling and Referral Services, and a new home for the Church of Hope.
Stay tuned for their completions and grand openings in late 2024 and early 2025!
Oregon and California Project Finance Closings
We are proud to announce the recent closing on two affordable senior housing communities. We completed our first acquisition-preservation l closing in the state of Oregon for the rehabilitation of Olive Plaza Apartments. This 12-story apartment building with 150 one-bedroom units is located in downtown Eugene. With the help of The City of Eugene, Oregon Housing and Community Services, HUD, Enterprise and Umpqua Bank, we will be able to modernize the 40-year-old building and preserve and extend the HUD Section 8 HAP for another 20-years. This will allow us continue serving low-income seniors 62 years of age and older.
In addition, Clark Terrace in Norco, California also closed financing. This project is the third rehabilitation Beacon Development Group and HumanGood Affordable Housing have undertaken under HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program. Clark Terrace two adjacent 2-story apartment buildings consisting of 80 one-bedroom total units which serve low-income seniors 62 years of age and older.
Canterbury Village & The Gardens Construction Completion
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.
MORGAN HILL SENIOR HOUSING REACHES 50% COMPLETION
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.
Beacon Development Group Celebrates 25 Years
In October 2023, Beacon Development Group celebrated its 25th anniversary. Since its inception in 1998, Beacon Development Group has steadfastly sought to improve the lives of families and households facing housing insecurity across Washington and beyond. The numbers tell part of the story: Beacon has contributed to the creation of nearly 7,000 units of affordable housing, owned by 44 diverse clients, across 102 projects, and with a combined value of nearly $1.5 billion. But the numbers are only a small part of the story. The happy faces of kids, parents and older adults at grand openings; the positive impact on communities and neighborhoods; the proud speeches of clients and dignitaries at ribbon-cuttings; and the sweat and passion of Beacon’s exemplary team and partners – all these images, memories, and anecdotes are what make 25 years of Beacon a celebratory moment.
Beacon started with the vision of its founder, Paul Purcell. Paul saw the desperate need for affordable housing in our communities, and knew firsthand, the challenges and complexities of creating housing through the archaic funding programs available, namely HUD and the Low-Income Housing Tax Credit. With the blessing of his former employer, Catholic Community Services of Western Washington, Paul and a handful of employees began to provide development expertise to not just one organization, but to multiple organizations across the state. After 25 years, more than 60 current or former team members, three office locations, and many a stressful closing, Beacon stands as a leader in the affordable housing industry in Washington State and across the west coast.
Beacon Development Group offers a comprehensive suite of services, including development consulting, construction management, and asset refinance and repositioning. These services guide clients through the entire life cycle of their affordable housing projects and assist them in managing their portfolios. Beacon’s remarkable impact extends to affordable housing projects spanning Washington, California, and Oregon. The core of Beacon’s history is rooted in its consulting service to third-party clients, both non-profits and housing authorities. Beacon continues to uphold that mission by serving both established housing entities as well as a growing array of new community based and BIPOC organizations that are seeking to add housing services to their community programs.
Beacon Development Group has garnered significant recognition for its exceptional contributions to the affordable housing development industry. Some of the notable awards and accolades include:
- LifeWire Community Partner of the Year, 2023
- Impact Capital Community Partner of the Year, 2016
- Washington State Housing Finance Commission Friend of Housing, 2014
- Seattle Business Magazine’s 100 Best Businesses to Work For: Top 10 Small Firms, 2014
- Affordable Housing Finance Magazine’s Top 50 Affordable Housing Developers, 2007
Construction Management Director Jason Manges reflects on his experience with Beacon, stating, “Beacon has been realistic about my needs, time, salary, benefits, compensation, etc. My kids have grown up while I’ve been at Beacon. My second child was born 2 years into my stay. She’s 12 now. I’ve had the flexibility to raise a family in a way I wanted to here.”
The overarching mission of providing affordable housing to low-income families and seniors serves as a powerful motivator for Beacon Development Group’s team.They are dedicated to overcoming numerous challenges to ensure minimal disruption to residents during construction and the successful, timely completion of affordable housing projects. California Construction Management Director George Sousou recalls, “We pushed for a permit to take the powerlines down for one day to crane our stuff over it. We paid PG&E $18,000 to come out to shut the power off for one day. We provided generators for every business and residence on the block, and even convinced the Wells Fargo across the street to close for the day.”
When COVID-19 necessitated lockdowns across the country, Beacon faced unique challenges, including a California rehabilitation project that required families to relocate from their current housing to temporary accommodations. Beacon carefully coordinated with movers, relocating families one unit at a time to mitigate potential exposures. This process, while time-consuming, was essential for resident safety.
The testimonials from HumanGood residents reveal the profound impact of Beacon’s work in creating vibrant and welcoming communities. Residents express their gratitude for the enhancements made to their living spaces and the attention to detail in design and functionality.
“I cried when I was accepted to move into my new housing. How was I worthy of living in such a grand place? They took me and my dog. My dog was important. He depended on me and I depended on him. Now we both have a warm bed and lots of new friends. I am happy to be so lucky to live out my final days here. Thank you.” – HumanGood resident
Such heartwarming stories motivate Beacon’s team to consistently go above and beyond. Their mission extends beyond mere affordable housing development; it’s about providing individuals with housing opportunities, second chances, and the promise of peaceful retirements. As California Construction Management Director George Sousou aptly puts it, “We’re not just building a project for someone and moving on; we’re making an impact.”
As Beacon Development Group embarks on the next phase of its journey, it anticipates challenges and opportunities in the affordable housing sector. One of the pressing issues is the complexity of funding sources, with numerous government programs, lenders, banks, and sponsors involved in affordable housing development. These requirements and regulations, along with land cost increases, and the inflation in labor and materials, have led to soaring project costs. Beacon’s Project and Construction Managers aspire to collaborate with lawmakers to identify strategies for reducing the costs of affordable housing projects, protecting taxpayer dollars, and enabling more projects within the limitations of available funding.
Moreover, the affordable housing sector, like the broader housing industry, confronts a labor shortage. The intricacies of affordable housing deals require highly skilled and well-trained employees. Beacon also strives to have a team that reflects the diversity in the communities in which we serve. For these reasons, Beacon has undertaken multiple organizational efforts designed to recruit, train, and mentor people who are new to the affordable housing field and can help achieve the overall goals of the industry.
Reflecting on the past 25 years, Beacon Development Group acknowledges that it has weathered various trials, from the 2008 recession to the challenges posed by the COVID-19 pandemic. In times of adversity, Beacon has demonstrated resilience and adaptability. But out of adversity, comes a deeper commitment and ability to bring affordable housing to those in need.
Ethiopian Village Grand Opening
Members of Ethiopian Community in Seattle, Beacon Development Group, and HumanGood Affordable Housing celebrated the grand opening of Ethiopian Village over traditional Ethiopian food, coffee, and wine. Ethiopian Village is made possible by Ethiopian Community in Seattle and HumanGood Affordable Housing partnering to provide 90 units of culturally appropriate, affordable senior housing. This new project synergizes with the existing community center which was renovated and expanded to meet the current and future needs of the Ethiopian Community in Seattle.
One of the most prominent features of Ethiopian Village is the large vinyl prints which grace the sides of the Ethiopian Village with murals of Ethiopian traditions, motifs, and values. These murals were designed by a local artist from the community.
The building is connected to the renovated ECS headquarters and a coffee shop to recognize the social tradition of meeting over coffee, and the beginning of a community. Ethiopian Village welcomes all residents who meet the income qualifications, and residents do not need to be Ethiopian to live in the community.
Ethiopian Village is currently accepting applications from low-income seniors 55 years and older.
HumanGood provides clean, renewable energy for residents and communities
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.