The Baker Administration recently announced $93.4 million in direct funding and $33 million in state and federal housing tax credits to support the development of 790 housing units across 14 projects at an event in Haverhill. Four of those 14 projects directly mention affordable housing available to “seniors.”
More information is available in a press release from the Governor’s office, and below are the projects specifically geared towards older adults, which also include supportive services:
McManus Manor (Acton) is a new construction project for seniors. The sponsor is the nonprofit Acton Housing Authority. DHCD will support the project with federal and state low-income housing tax credits and subsidies, including funds from the American Rescue Plan Act (ARPA). The Town of Acton also will provide local funding. Designed to Passive House certification standards, McManus Manor will offer 41 total units, all of which will be affordable to seniors earning less than 60% of Area Median Income (AMI). Eleven units will be further restricted for seniors earning less than 30% of AMI. The sponsor will provide supportive services to the new residents of the completed project.
1201 River Street (Boston) is a new construction project for seniors located in Boston’s Hyde Park neighborhood. The sponsor is the nonprofit B’nai B’rith. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The City of Boston will support the project with local funding. Designed to Passive House certification standards, the completed project will offer 63 total units. All units will be affordable to seniors earning less than 60% of AMI, with 18 units further restricted for seniors earning less than 30% of AMI. The sponsor will offer supportive services to the new residents of the completed project.
Salem Schools (Salem) is a historic adaptive re-use project. Two vacant school buildings will be fully rehabilitated as senior housing by the nonprofit sponsor, North Shore Community Development Coalition. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds, including American Rescue Plan Act (ARPA) funds. The City of Salem will support the project with local funding. When completed, Salem Schools will feature 61 total units. Fifty-six units will be affordable to senior households earning less than 60% of AMI, with 16 units further restricted for senior households earning less than 30% of AMI, and, in some cases, transitioning from homelessness. The sponsor will also provide supportive services to the new residents of Salem Schools.
Leland House (Waltham) is a new construction project for seniors. The nonprofit sponsor is 2Life Communities. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds, including American Rescue Plan Act (ARPA) funds. The City of Waltham will support the project with significant local funding. When completed, Leland House will offer 68 total units for seniors. Sixty‑six units will be affordable to seniors earning less than 60% of AMI, with 17 units further restricted for households earning less than 30% of AMI and, in some cases, transitioning from homelessness. The sponsor, 2Life Communities, will provide support services to the new residents of Leland House.