Pennrose Properties
Loan Approved: November 18, 2021
The Pryde will feature 74 independent living apartments where LGBTQ seniors over age 62 can age as their whole selves, with dignity and compassion. The building includes a 10,000 square foot Community Center, which will serve as a vibrant public gathering space.
TYPE: Adaptive re-use
WHERE: 55 Harvard Ave., Boston
WHAT: Adaptive re-use and historic preservation of Hyde Park's Rogers Middle School into 74 mixed-income apartments for LGBTQ seniors over age 62
AFFORDABILITY: 58 studio, one-, two-bedroom units affordable at or below 100% AMI
MHP FINANCING: A $6.65 million permanent first mortgage loan
RENTAL INFORMATION: The Pryde on Housing Navigator