Developments financed through the Elder Mixed-Income program serve elders who wish to live in independent rental apartments with on-site access to supportive services.
Who it's for
Developers of rental housing that fills a niche between conventional elderly housing without services and full-service personal care programs
- At least 20% of units must be reserved for households earning less than 50% of the area median income
- The remaining units may be rented at market rates
For more information on the Elder Mixed-Income program, download the Elder Mixed-Income Term Sheet or contact Charles Gladstone in MassHousing's Rental Lending Division at 617.854.1362.