Boston Real Estate Times noted that B'nai B'rith was awarded state funding for more senior housing in Sudbury, Massachusetts. This type of housing is in constant demand, and researchers say for every low-income senior housing apartment nationwide there are 10-12 seniors waiting for a spot. The B'nai B'rith Senior Housing Network in the United States consists of 38 buildings in 27 communities, and includes some 4,500 apartment units.
Governor Charlie Baker and Undersecretary Janelle Chan of the Massachusetts Department of Housing and Community Development (DHCD), on Wednesday announced the 2018 annual affordable rental housing fudning awards.
B’nai B’rith Housing’s Phase 2 of its Coolidge at Sudbury development was one of the 19 funding recipients. The complete list of funded projects was announced at an event held at the site of fellow recipient Hearth, for The Hearth at Four Corners development, at 16 Ronald Street in Dorchester.
“The lack of affordable housing [in Massachusetts] is hurting our young families, our growing workforce, and our older adults; it is forcing lifelong residents out of their neighborhoods; and it is our biggest roadblock to continued economic success,” said Governor Baker.
Baker continued, “This year’s affordable housing awards will support the preservation and creation of housing units in every region of Massachusetts, adding new vibrancy to neighborhoods, providing opportunities to families and residents, and helping us knit together a stronger Commonwealth.”
Funding from the DHCD is an exciting next step bringing BBH closer to breaking ground on Phase 2 of The Coolidge. The new development, which will be located next to the fully-occupied Phase 1 property, will include an additional 56 affordable units for seniors. The building will feature common spaces such as a meeting room, library, and fitness center. In keeping with BBH’s high quality, service-enriched housing model, residents will have access to an on-site resident service coordinator who will continue to partner closely with Sudbury area senior-service agencies to promote wellness, health, and educational programs for the all the residents of the building.
Prior to the development of Phase 1 of The Coolidge at Sudbury (completed in 2014), affordable housing for those 55 and over did not exist in and around the town of Sudbury. With over 25% of Sudbury households having at least one member who is over 60 years old – and 30% of Lincoln-Sudbury senior households earning less than $50,000 per year, the need for quality, service-enriched housing was critical.
Said B’nai B’rith Housing Executive Director, Susan Gittelman, “We truly appreciate the State’s support and are excited to continue working with the Town of Sudbury and area service providers to bring much-needed affordable housing to seniors and older adults in Sudbury.”
Among the commitments, BBH will receive Federal and State Low Income Housing Tax Credit (LIHTC) funds, State HOME funds, Affordable Housing Trust Funds, Housing Stabilization Funds, and other support.
“We commend the Baker-Polito administration for making affordable housing a priority and we are grateful to the DHCD and the Town of Sudbury for supporting this project,” remarked Gittelman.
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