MassHousing backs Framingham complex

October 23, 2007 08:30 AM E-mail| |Comments ()| Text size +

MassHousing, the state's affordable housing bank, said that it has made $28.8 million in loan commitments for the development of an elderly housing complex in the Nobscot section of Framingham.

The Shillman House is being developed by the nonprofit Jewish Community Housing for the Elderly, MassHousing said, and plans call for the Shillman House to have 150 apartments for seniors.

All the units will be restricted to residents age 62 or older, and 90 of the apartments will be set aside for low-income residents, MassHousing said.
(By Chris Reidy, Globe staff)

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