The Beacon, comprised of Beacon Place and Beacon Pointe, is a 160-unit mixed-use, affordable and permanent supportive housing community in downtown Long Beach. This award-winning transit-oriented development is located across the street from the Metro A Line, includes approximately 6,000 SF of retail space, and is LEED Gold certified. All units, exclusive of the managers’ units, feature project-based vouchers with residents paying 30% of their income toward rent.
Century purchased the 1.60-acre site in 2014 and utilized a vertical air lot subdivision to split Beacon Place and Beacon Pointe into separate parcels with a shared courtyard and parking garage.
This five-story building provides 39 permanent supportive homes (one- and two- bedroom) for disabled and homeless veterans with one on-site manager’s unit. Mental Health America of Los Angeles (MHA), VA Long Beach Healthcare System (VA), and Century Oasis Residential Services provide supportive services to all residents free of charge.
Total Development Cost: $20.3M
Construction Start: May 2017
Construction Completion: March 2019
This seven-story building provides 121 apartment homes (one- and two- bedroom) with 61 units reserved for formerly homeless seniors, 59 units reserved for low-income seniors and one on-site manager’s unit. Mental Health America of Los Angeles (MHA), The Los Angeles County- Department of Mental Health (LA-DMH) and Century Oasis Residential Services provide supportive services to all residents free of charge.
Total Development Cost: $64.8m
Construction Start: November 2017
Construction Completion: December 2019
2020 Gold Nugget Grand Award—Best Affordable Senior Housing Community
2020 SCANPH Homes Within Reach Award— Development of the Year
2020 AIA Residential Architecture Award—Affordable Housing | Citation Award
2020 Multi-Housing News Excellence Award
California Community Reinvestment Corporation (Permanent Financing Lender)
California Tax Credit Allocation Committee
California Department of Housing and Community Development
California Housing Finance Agency (Special Needs Housing Program)
CalVETS Veterans Housing & Homelessness Prevention Program
Federal Home Loan Bank of San Francisco (Affordable Housing Program)
Housing Authority of the City of Long Beach
Long Beach Multi-Service Center (Local Continuum of Care)
Long Beach Community Investment Company
Los Angeles Department of Mental Health (Special Needs Housing Program)
Wells Fargo (Construction Lender & Equity Investor)
Architect: The Architects Collective
Landscape Architect: Studio- MLA
Civil Engineer: KPFF Consulting Engineers
General Contractor: KPRS Construction Services
Construction Manager: Primus Building Solutions
Property Manager: The John Stewart Company
Interior Designer: Aylin Inel Interiors
Service Provider: Mental Health America of Los Angeles
Service Provider: VA Long Beach Healthcare System
Service Provider: The Los Angeles County Department of Mental Health
Service Provider: Century OasisResidential Services
Oscar Alvarado
Paige O’Donnell
Alex Stamas
Andrea Santana
Brian D’Andrea
Ron Griffith
Josh Hamilton
Shawn Bolour
Drew Sarni
Yvonne B. Burke
Christopher David Ruiz Cameron
Earl G. Fields
R. Steven Lewis
Daniel B. Lopez
Carrie Hawkins
Louise Oliver
Kristina Olson
Darroch F. Young
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Century Housing Corporation is a nonprofit Community Development Financial Institution financing affordable housing development throughout California. Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc. are independent nonprofit entities affiliated with Century Housing Corporation.
