07/20/2026
We are pleased and honored to announce that, alongside our outstanding co-developer partners, Simmons Development Group and Beacon-SOCAYR inc, our team has been awarded Affordable Housing Tax Credits by the Illinois Housing Development Authority to finance the development of Burlington Terrace in Galesburg, IL.
Burlington Terrace will provide 60 newly constructed, affordable villa-style apartments for seniors, thoughtfully designed with high-quality finishes, energy-efficient features, and enhanced accessibility to support independent living. Located adjacent to the recently developed Graham Health System clinic, residents will enjoy convenient access to healthcare services while remaining connected to the Galesburg community. The development is designed to help seniors comfortably age in place in a safe, welcoming, and vibrant neighborhood.
We extend our sincere appreciation to the Illinois Housing Development Authority for its confidence and financial partnership in making this development possible. We also thank Graham Health System, the City of Galesburg, IL Government, and the Knox County Housing Authority for their invaluable support and collaboration throughout this effort.
We look forward to advancing Burlington Terrace toward financial closing and the start of construction in the coming months. Stay tuned for additional updates as this exciting development becomes a reality!
