Beacon Development Group, a subsidiary of HumanGood, recently announced the financial closing and groundbreaking of two new affordable housing projects in the state of Washington. Beacon Development is serving as a development consultant to the sponsors of both projects—HopeWorks Station II and the Colby Avenue Youth Center.
Discover more about each project below and click on the links for more information:
HopeWorks Station II is sponsored by the nonprofit Housing Hope and its affiliate HopeWorks Social Enterprises. The new development, a 67,000 square foot structure, will feature 65 affordable apartments dedicated to serving individuals and families transitioning from homelessness. The building will also house a training and workforce development center. For more information about the project and its sponsors, click here.
The Colby Avenue Youth Center, sponsored by the nonprofit Cocoon House, will provide services and housing for at-risk or homeless youth between ages 12 to 24 years old. The 32,000 square foot center will house a space for medical and counseling services for the youth, as well as support for families. The plans include 40 living spaces, divided into separate rooms on different floors; and there’s also a drop-in center with a kitchen, music room and computer lab. For more information about the project and it sponsors, click here.
More about Beacon Development
Beacon Development Group is an affordable housing consulting firm working with nonprofits and housing authorities to create high-quality multifamily communities. Beacon Development is a subsidiary of HumanGood affordable housing and facilitates the funding, design, construction and renovation of our 63 affordable housing communities.
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