Baker-Polito Administration Announces Funding of 2Life project in Waltham
The Baker-Polito Administration announced providing over $93 million to build affordable housing. We are thrilled that part of that includes 2Life's Leland House in Waltham, MA. You can read the press release from the Baker administration here.
Leland House (Waltham) is a new construction project for seniors. The nonprofit sponsor is 2Life Communities. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds, including American Rescue Plan Act (ARPA) funds. The City of Waltham will support the project with significant local funding. When completed, Leland House will offer 68 total units for seniors. Sixty‑six units will be affordable to seniors earning less than 60% of AMI, with 17 units further restricted for households earning less than 30% of AMI and, in some cases, transitioning from homelessness. The sponsor, 2Life Communities, will provide support services to the new residents of Leland House.
You can read more about the project in the latest issue of Elevate.