Beacon Communities Tag Archives

Howard Cohen Honored with CHAPA Outstanding Impact Award

Howard Cohen, who founded of Beacon Communities, will be honored with the Outstanding Impact award at Citizens’ Housing and Planning Association’s (CHAPA) 52nd Annual Dinner. Mr. Cohen is a leader in affordable housing, having led the production and preservation of more than 8,000 affordable homes and previously serving with Massachusetts Law Reform Institute, Cambridge Housing Authority, Boston Housing Authority, MassHousing, and Mintz, Levin.

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Beacon Communities Names New CEO

Beacon Communities has named Dara Kovel its new CEO. Kovel joined Beacon in 2015 as the President of Beacon Communities Development and succeeds Pam Goodman.

Goodman is retiring after over 20 years of helping to grow Beacon Communities into a large, nationally recognized and diversified multifamily owner/developer, recognized for quality work, its commitment to employees and residents and for creating a culture of engagement.

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Boston Public Housing Community Will Undergo Extensive Renovation

MassHousing has closed on $14 million in financing to Beacon Communities LLC for the rehabilitation and preservation of affordability at the 72-unit Camden Apartments in Boston, MA.

MassHousing provided Beacon Communities with a $5.9 million tax-exempt construction and permanent loan and an $8.1 million tax-exempt bridge loan. The MassHousing financing also generated $6.8 million in Low-Income Housing Tax Credit equity for the project.

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