45 new units of senior housing in 3-story wing
RANDOLPH — Plans to add 45 new units of affordable senior housing at the Simon C. Fireman Community took a major step forward Monday with financing established.
Hebrew SeniorLife announced it has closed on the financing with a low-income housing tax credit from the Massachusetts Housing Investment Corporation. Several other funders will also be involved. Construction is expected to begin this week.
The Fireman Community presently has 160 senior apartments with supportive services.
The new apartments will be 100% affordable, with 27 units for households earning up to 60% of Area Median Income (AMI), four for households earning up to 50% AMI, and 14 for households at or below 30% AMI.
The new three-story wing will be fully integrated with Simon C. Fireman’s existing residences.
The buildings will share the same lobby. There will be two courtyards created with walking paths, exercise stations, and benches.
Other amenities will include a multi-purpose room, a fitness center, office space, an art/game room, a deck overlooking the courtyard, a library, and a lounge.
The expansion will be built to high sustainability and energy efficient Passive House standards.
“This project is absolutely the very best way to fulfill our mission to provide older people of all backgrounds and economic levels the opportunity to live their best lives in the best place,” said Lou Woolf, president and CEO, Hebrew SeniorLife.
“More supportive, affordable housing for seniors is a huge need in Massachusetts and adding these additional apartments to this already vibrant and diverse community is a wonderful step forward.”
Joe Flatley, Massachusetts Housing Investment Corporation president and CEO, applauded Hebrew SeniorLife’s commitment to “quality, affordable senior homes.”
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