RANDOLPH, Mass. — Harvard Medical School affiliate Hebrew SeniorLife has closed on the financing to build 45 new units of affordable senior housing at the Simon C. Fireman Community in the Boston suburb of Randolph. Currently, the community offers 160 senior apartments with supportive services.
With a low-income housing tax credit investment from the Massachusetts Housing Investment Corporation (MHIC) and support from several other funders, Hebrew SeniorLife’s new construction began this week. The resulting apartments will be 100 percent affordable, with 27 units for households earning up to 60 percent of area median income (AMI), four for households earning up to 50 percent AMI, and 14 for households at or below 30 percent AMI.
The new three-story wing will be fully integrated with Simon C. Fireman’s existing residences, sharing the same lobby, and creating two courtyards with walking paths, exercise stations and benches. The expansion will be built to Passive House sustainability standards.
Funding partners included:
- The Commonwealth of Massachusetts Department of Housing and Community Development
- The Town of Randolph
- Massachusetts Housing Partnership
- Massachusetts Housing Investment Corporation
- Boston Private Bank & Trust/Silicon Valley Bank
- Community Economic Development Assistance Corporation
- MassHousing
Hebrew SeniorLife also partnered with Affirmative Investments, ICON Architecture, Bald Hill Builders, Nixon Peabody LLP, Tierney Development Services and Linnean Solutions on the project.