Beech Street Commons

Beech Street Commons is a 54-unit development with a mix of 1, 2, 3 and 4 bedroom townhomes. The townhomes are targeting family renters earning at or below 60% of area median income (AMI). Marion County lost an estimated 700 units to the 2020 Beachie Creek wildfire. Our proposed development will help replenish lost housing stock and will provide quality affordable housing to low-income families in the area.

Another Green Light Development & Home First Development partnership with support from Marion County Housing Authority. Future residents will benefit from resident services provided by Mano A Mano, a culturally specific services organization serving the Latinx community. The buildings will achieve green building standards comparable to Earth Advantage Gold. The planned 1,500 SF community space, large outdoor amenities, beautiful mountain views and easy access to Santiam River will support resident service delivery and promote community building.

The project is financed with Local Innovation Fast Track (LIFT) funds, 4% Low Income Housing Tax Credits (LIHTC), construction and permanent debt, and OHCS Multifamily Energy Program funds (OR-MEP).

 

Location: 901 Beech St. Mill City, OR

Property type: Affordable Multi-Family

Land size: 4.3 acres

Building size: 58,700 square feet

Project cost: $16,000,000 (approx.)

Date delivered: Winter 2023 (expected)

Partners: Home First Development; Doug Circosta Architect; Oregon Housing and Community Services; Mano a Mano