Commonwealth of Massachusetts 2016 Housing Trust Fund COSCDA Annual Training Conference 2017

Massachusetts HTF Allocation Plan Supportive Housing Dedicated Funding Round Supportive Service Partnerships Rental Assistance and Service Stipend Rolling Green, Amherst (SLIHTC) 242 Spencer, Chelsea, MA

Massachusetts HTF Projects Montello Welcome Home II, Brockton 23 new supportive housing units for homeless veterans and other homeless individuals. 242 Spencer, Chelsea 34 units of family housing, including 3 units targeted to low income persons with disabilities and 8 units for formerly homeless families, who will receive supportive services. Island Creek, Duxbury House of Hope 3, Lowell 16 units of permanent supportive housing for formerly homeless families. Under One Roof, New Bedford 8 units of permanent supportive housing for formerly homeless or incarcerated women, co-located with a child care facility serving residents and the community. Abby’s House, Worcester

Massachusetts HTF Projects Hillside Residence, West Springfield 34 units of PSH and 2 respite units for frail elders who are homeless and at risk of institutionalization. Abby’s House, Worcester Preserves 53 units and adds 3 more for formerly homeless women with extensive trauma histories. 21 Jaques Avenue, Worcester 4 units of affordable rental housing for families with very low and extremely low incomes. Two units will be targeted to households with disabilities. Stable Path, Provincetown

Hillside Residence, West Springfield The non-profit Sisters of Providence has proposed a new construction supportive housing residence for medically compromised elders who are homeless and at risk of institutionalization. The project will be sited on the campus of an existing elder service compound, and on-site services will be available through a federal Program of All- inclusive Care for the Elderly (PACE). PACE is a Medicare/Medicaid funded community based health program designed to keep frail elders living in the community safely for as long as possible. Eligibility is restricted to those who are 55 or older, meet the definition of “nursing home level of care” and agree to receive all their health care from PACE.

Hillside Residence, West Springfield SOURCES USES Developer Cash Equity $ 5,550,000   Acquisition $ 1 Federal Home Loan AHP $ 300,000 Construction $ 8,615,099 Private Donations $ 1,500,000 Architecture & Engineering $ 465,000 Local CPA $ 500,000 Soft Costs $ 459,900 HTF Developer Fee & Overhead $ 600,000 Other MA Soft Loans $ 2,000,000 Reserves $ 210,000 TOTAL $ 10,350,000 $ 10,350,000