BBH has broken ground on the second phase of The Coolidge at Sudbury apartments, which will provide an additional 56 affordable units for seniors. On Friday, May 3, Susan Gittelman, Executive Director of B’nai B’rith Housing, state and town officials, and board members of B’nai B’rith Housing joined friends and supporters for a festive groundbreaking ceremony at The Coolidge at Sudbury’s fully occupied first phase building.
Let’s Invest In Making Density Bonuses Work
In an effort to produce more affordable housing, municipalities are exploring tools like inclusionary zoning and density bonus incentives. However, in the absence of significant data, density bonuses are not well-understood and can be difficult to deploy effectively. Susan stresses the importance of supporting communities in order to achieve the results that are so desperately needed.
BBH News: Spring 2019
Affordability Extended at Senior Housing Community in Brighton, Property Improvements Planned, Resulting from $44.8 Million in MassHousing Financing
“We are grateful to MassHousing and Rockport Mortgage for their roles in completing the refinancing of Covenant House I and II,” said B’nai B’rith Housing Executive Director Susan Gittelman. “This refinancing makes available additional resources that we can put to work to advance our mission of creating the high-quality affordable housing options that our region so desperately needs. This is an exciting opportunity for us, and we are thankful to these key financial partners.”
