THE PRYDE

The Pryde in Hyde Park, Massachusetts won the 2025 Recognition of Housing Tax Credit Excellence in the Housing for Seniors category.

The Pryde is New England’s first LGBTQ-affirming affordable senior housing community, created through the adaptive reuse of the former William Barton Rogers School in Boston’s historic Hyde Park. A partnership between national developer Pennrose and local nonprofit LGBTQ Senior Housing Inc., The Pryde transforms this beloved school building in use for over 100 years into 74 income- and rent-restricted apartments for seniors and a community space, offering a safe, inclusive environment for aging adults—especially LGBTQ elders—who have historically faced housing discrimination.

The Pryde is specifically designed to serve seniors at a broad range of income levels, from below 30 percent of area median income (AMI) up to 100 percent AMI, ensuring deep affordability and economic diversity. Beyond housing, The Pryde offers robust resident services aimed at supporting healthy aging in place. On-site programs include cultural events, tailored social gatherings, and health and wellness programming. The Pryde stands as a model for inclusive, mission-driven development, blending historic preservation with modern needs.

The development represents the efforts of Pennrose, LLC and Redstone Equity Partners to preserve, improve, and increase affordable housing opportunities in Hyde Park, Massachusetts.

Congressional Recognition

Remarks from U.S. Senator Elizabeth Warren (D-MA)

“Americans are struggling to find affordable housing, with our LGBTQ seniors often also encountering discrimination in the housing market. That’s why communities like the Pryde are so important in helping address the nation’s housing needs. Thank you for your important work to help ensure seniors in Massachusetts have a place to call home.”

Remarks from U.S. Representative Ayanna Pressley (D-MA)

“Everyone deserves to age in community with grace and dignity, and The Pryde has labored in love to make that a reality for our LGBTQ+ seniors in the Massachusetts 7th. The Pryde will help LGBTQ+ elders in the Massachusetts 7th get the affordable housing and community space they need while affirming their dignity and humanity,” said Rep. Pressley. “With the cost of housing skyrocketing and one-third of LGBTQ+ seniors living in poverty nationwide, the need could not be clearer. That is why I am so proud to have played a small role delivering critical federal investments to help move this project forward. The Pryde is proof that together we can help all our neighbors find a house and make it a home. Congratulations to The Pryde on this well-deserved recognition and to Penrose, Redstone Equity Partners, and everyone who helped bring this vision to life.”