I'm answering my own question: it seems to work. Now I have an HFS+ sparsebundle in the TimeMachine directory on my Synology NAS that Big Sur mounts and uses as it would an APFS sparsebundle. Except it works. (So far!) Do this:
a.
Using Disk Utility, create an HFS+ sparsebundle on a NAS share (NOT the share set up on the NAS for Time Machine), big enough to contain the entire backup. Give it a name like "HFS_Plus.sparsebundle" and the disk image it mounts something like "TM_Backup_HFS"
b.
in Terminal type "sudo tmutil setdestination <sparsebundle>" where <sparsebundle> is the path to the sparsebundle on the NAS.
This will tell TM to use that image for backups.
(i.e. type "sudo tmutil setdestination " and then drag the sparsebundle icon into Terminal to complete the command.)
c.
Perform one or more backups to the NAS
d.
in Terminal and logged in to the NAS, move and rename the sparsebundle on the NAS to its sanctioned TM directory, e.g.
mv /volume1/NAS_mount/HFS_Plus.sparsebundle /volume1/TimeMachine/<computer name>.sparsebundle
Mind the space.
e.
In the first directory (e.g. "NAS_mount"), ownership of the sparsebundle was different than it needs to
be in the TM directory. Change it via, e.g.:
sudo chmod -R TimeMachine:users /volume1/TimeMachine/<computer name>.sparsebundle
assuming TimeMachine:users is the user and group set up for TM backups on the NAS.
f.
The sparsebundle is now in the right place, but now you have to associate it to the computer properly for TM to work properly (otherwise it will just start over with another APFS backup). Mount the TM directory on the NAS and then:
% sudo tmutil inheritbackup /Volumes/TimeMachine/HFS_Plus.sparsebundle
Mounting disk image...
Successfully inherited machine store at '/Volumes/NAS_mount/Backups.backupdb/<computer name>'
Unmounting disk image...
Inheriting disk image for machine...
Successfully inherited disk image '/Volumes/TimeMachine/HFS_Plus.sparsebundle'
%
g.
Start backup, and monitor progress in Console.app. Your disk images may need to change size, so watch for this:
48441 com.apple.TimeMachine... 'HFS_Plus.sparsebundle' may need resizing - current logical size is 500 GB (500,000,020,480 bytes), size limit is 1.04 TB (1,044,536,046,387 bytes)
48441 com.apple.TimeMachine... Resizing '/Volumes/.timemachine/MyNAS/3E5DD71A-3924-470B-9450-485EBA431C97/TimeMachine/<computer name>.sparsebundle' from 500 GB (500,000,020,480 bytes) to 1.04 TB (1,044,536,046,387 bytes))
Good luck!