Affordable Housing Development
Building safe, comfortable, and affordable housing is a
fundamental component of Valley CDC’s overall mission. Since its inception, Valley
CDC has produced over 180 units of affordable rental and ownership housing in
one of Massachusetts’
most competitive and coveted real estate markets. These homes provide economic
stability and an opportunity for economic advancement to low and moderate
incomes residents wanting to live and contribute to the communities of Northampton, Amherst, Easthampton, and Hadley in Hampshire County.
Housing development remains a core service of our agency.
The following is the list of housing projects which Valley CDC
successfully developed over the last five years:
Valley King
Street Apartments, Northampton: Completed July 2011. Located in downtown Northampton, the development
is a 10 unit
Enhanced Single Room Occupancy (ESRO) building. This
project provides housing for five (5) homeless individuals and five (5)
very
low income individuals. Local funding included City of
Northampton CPA funds and a grant from the Smith College Affordable
Housing Fund. Valley CDC incorporated many green design
components. These included designing the structure so
that it is photovoltaic ready by creating a shed roof on the south side
of the
building and running conduit for future installation. The
building is also high density infill
housing less than .5 miles from downtown Northampton. The building has a high efficiency
Buderus boiler heat and hot water systems, low water usage toilets and shower
heads, EnergyStar rated appliances, Energy Star exhaust fans that operate
continuously for whole unit ventilation, limited use of vinyl floor, durable wood
flooring within units, low VOC paints, Hardiplank siding, icynene spray foam
insulation, new locally distributed energy efficient fiberglass windows,
smart-low water usage landscaping including a rain garden, and covered bike
racks. Valley North Maple SRO, Florence: Completed
November 2010. The Maples SRO is an existing 11 unit single room
occupancy (SRO) located at 16 North Maple Street in downtown Florence.
It provides permanent housing for formerly homeless individuals.
Valley CDC received $250,000 in CPA funding from Northampton and
$950,000 of funding from DHCD to do a moderate rehabilitation of the
building to make various capital improvements, code and energy
upgrades.
Valley
School Street Apartments, Northampton: Completed December 2008.
Located in downtown Northampton,
the project is an 8 unit family rental project consisting of 1-3BR; 1-2BR; 3 1-BR
& 3 studio apartments. Valley CDC incorporated sustainable green
design features which include high density infill housing (8 units on 10,000 S.F. lot),
high efficiency Buderus boiler heat and hot water systems, low water usage
toilets and shower heads, EnergyStar rated appliances, Energy Star exhaust fans
that operate continuously for whole unit ventilation, limited use of vinyl floor,
durable wood flooring within units, low VOC paints, Hardiplank siding, icynene
spray foam insulation, new locally distributed energy efficient fiberglass
windows, smart-low water usage landscaping, and bike racks. Valley Main Street Apartments, Amherst:
Completed October 2008. Located one-half mile from downtown
Amherst, the project is an 11 unit family rental project consisting of 2-3BR;
5-2BR & 4-1BR apartments. Valley CDC incorporated sustainable
green design which includes high density infill housing (11 units on
1.3 acres) high efficiency Munchkin boiler heat and hot water systems,
low water usage toilets and shower heads, EnergyStar rated appliances,
EnergyStar rated exhaust fans that operate continuously for whole house
ventiliation, limited use of vinyl floor, durable engineered wood
flooring within units, low VOC paints, Hardiplank siding, Trex decking
and rails, cellulose insulation, and new locally distributed energy
efficient fiberglass windows.
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In The Pipeline…
Parsons Village, Easthampton: Valley CDC proposes to build 38 units of
family rental housing in Easthampton.
Valley CDC was awarded a comprehensive permit from the ZBA in September
2012. Valley CDC is currently awaiting funding from the
Commonwealth. Occupancy is expected in September 2014.
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