Goodson Hills Fact Sheet

PROJECT OVERVIEW

• 23 new two-story, townhouse-style residences - all three bed / two bath
• Homes tailored to meet the needs of young and growing families seeking a safe, welcoming opportunity
• Built on a 1.4-acre site where 26 obsolete Bonham Circle units were demolished in 2018
• Five homes will feature universal-design accessibility
• Construction timeline: approximately 18 months

LOCATION AND HISTORY

• Site: Mary Street, Bristol, Virginia
• New street address: Eason Lane - honoring one of the city's founding fathers, Col. Samuel Eason Goodson
• Project name reflects local heritage: "Goodson" (Bristol's original town name) and "Virginia Hills" neighborhood 

KEY FEATURES FOR RESIDENTS

• Addresses critical need for family-sized affordable housing
• Open-plan living areas, ENERGY STAR certification, EarthCraft certification
• Walk-in access to Beyond Housing's HUD-designated EnVision Center (104 Oakview Ave.), which helps families achieve self-sufficiency

INNOVATIVE FINANCING

• Projected investment: $8.6 million
• Among Virginia's first developments to combine Federal Low Income Housing Tax Credits (LIHTC) with new State Housing Opportunity Tax Credits (HOTC)
• Creative-mixed finance structure ensures Beyond Housing has the resources needed to bring these new homes to life, even in today's challenging market

DEVELOPMENT TEAM

• Owner / Developer: Beyond Housing
• Construction Manager at Risk / General Contractor: Quesenberry's Construction, Big Stone Gap, Virginia