Marion, MA – South Coast Improvement Company (SCIC) recently launched an affordable housing division. The new division includes additional staffing in the areas of business development, project management and support.
“The affordable component is part of most new developments undertaken these days,” said Tom Quinlan, SCIC president. “With this new division and added reinforcements, we are better equipped for projects with an affordable housing component.”
This comes on the heels of SCIC completing phase 1 of a project to convert the former Wingate Residences assisted living and nursing facility into Serenity Brewster, a rental housing for those ages 55 and over. SCIC recently began phase two of the project, located at 873 Harwich Road (Route 124) in Brewster. When complete, the 119,000sf Serenity Brewster complex will have 132 units, 20% of which will be affordable (The Massachusetts state requirement is 10%, otherwise known as 40B.). The project is being developed by the Elevation Financial Group of Orlando, Fla.
“We’ve been doing affordable projects for years with success. We look to model what we have done in senior living and focus on process. We think that many of our processes that have resulted in becoming a partner with top senior living providers translate well into affordable housing,” said Quinlan, in reference to the Simon C. Fireman Community, a 160-unit affordable senior property located at 640 North Main Street in Randolph. The property is owned and operated by Hebrew SeniorLife. SCIC began a $5 million renovation project there in October 2020, and is expected to complete it in March of 2022.
