History

Beacon was founded in 1999 to provide development, consulting, and planning services to non-profit, public, and faith-based organizations dedicated to building affordable housing and healthy communities.

During the last eleven years, 2084 units of affordable housing have been completed with a total project cost of over $285 million. Currently, Beacon has 256 units under construction, another 148 units fully funded and ready for construction, with 230 units in development.

Beacon has utilized every major funding source available to affordable housing:

  • Washington State Housing Trust Fund
  • Low Income Housing Tax Credits
  • Historic Rehabilitation Tax Credits
  • Seatle Housing Levy
  • City CDBG
  • County 2060
  • HUD Financing
  • Gates Foundation Sound Families
  • Seatle City Light Built Smart
  • Washington Community Reinvestment Association
  • Federal Home Loan Bank
  • Impact Capital

Since 1999 Beacon has been a leading author of successful Low Income Housing Tax Credit applications. We have secured more tax credits on behalf of clients than any other developer in the state of Washington.

Beacon works with multiple tax credit investors including: Homestead Capital, ESIC, Alliant Capital and National Equity Fund.
A Vision Fulfilled

Since 1999, Beacon has developed 2,715 units of affordable housing in 62 projects located in 30 cities throughout Washington State at a budget of $437 million.
Featured News

Advocating for quality affordable housing at the federal, state, and local levels.
Current Projects Under Development

Take a look at our current projects being developed.