Affordable senior housing operators get $160 million as advocates fight to expand offerings

McKnights Senior Living | Incentive Teaser

 

Twenty-five nonprofit organizations received $160.1 million from the HUD Office of Multifamily Housing Programs. 2Life was awarded $7.6 million, which it will use to create 127 apartments for low-income seniors.

“We’re super-focused on meeting the economic needs of older adults, paying close attention to the economics of aging and making sure there is alignment between subsidy sources that create communities and the economic needs of people who need and deserve to be served,” said 2Life’s Vice President and acting CEO Lizbeth Heyer to Kimberly Bonvissuto of McKnights Senior Living.

More News

WBZ logo
Residents of 2Life’s Brighton campus garnered local news coverage for competing in the Chinese Cultural Connection’s Annual Thanksgiving Ping Pong Tournament.
The Boston Globe logo
Responding to a story that gives guidance to adult children on how to help their parents move from a single-family home, Vice President and acting CEO Lizbeth Heyer encourages considering the benefits of aging in community.
Seniors Housing Business
Seniors Housing Business delved into the varied approaches toward housing for the “Missing Middle.” Opus Newton was highlighted for its creative solutions.