Bacon has a Master of Arts Degree in Chinese Studies from the University of California, Berkeley, and a Bachelor of Arts Degree from The New School for Social Research, New York City.
She has been a member of The Urban Land Institute, The Congress for the New Urbanism and the District of Columbia Building Industry Association, and served on the Advisory Board of the Colvin Institute, University of Maryland Graduate Real Estate Program, Habitat for Humanity of Washington, DC, and the Montpelier VT Economic Development Corporation.
Bacon co-chaired a Task Force for the Reauthorization of HOPE VI, established at the request of former Senator Barbara Mikulski, MD, and served on the DC Historic Preservation Review Board, the Development Industry Advisory Council to the DC Department of Small and Local Business Development and the DC Mayor/Council Workforce Intermediary Task Force.