MassHousing recently closed a $1.76 million loan for the Homes at Easthampton Meadow, the third and final phase of a mixed-income, multi-generational housing community for seniors and families with foster or pre-adoptive children.

The Homes at Easthampton Meadow, which sits on a 46-acre site at the foot of Mount Tom, will feature up to 33 single-family homes of which nine will be affordable to first-time homebuyers earning at or below 80 percent of the area median income, according to a statement. The project is being developed by Beacon Communities of Boston.

"This final phase at Easthampton Meadow will provide homeownership opportunities for senior citizens and families who want to play a role in the lives of foster children," said MassHousing Executive Director Thomas R. Gleason. "These children are among the most vulnerable members of society and this wonderful housing community not only provides them the opportunity to live with loving and caring families and seniors, but also provides them with many social services."