The site of a now-closed church in Everett is being converted into a 33-unit affordable rental housing facility for seniors, authorities said.
The project is moving forward with a more than $9 million tax-exempt bond issued by MassDevelopment on behalf of The Neighborhood Developers, Inc. The bond proceeds are being used to buy, clear, and prepare the former St. Therese Parish site.
The proposed facility will include 30 one-bedroom units and three two-bedroom units. Nineteen units will be rented to households earning no more than 60% of the area median income and 14 units will be rented to households earning no more than 30% of the area median income.
The development will also include a community room, fitness room, common laundry, central air conditioning, and 58 surface parking spaces. St. Therese Parish closed in 2004 and the property was cleared in late 2020.
The Neighborhood Developers, Inc. is a nonprofit community development corporation headquartered in Chelsea that owns 488 affordable housing units in the area.