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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.

 


 
30 Market Street, Northampton, MA 01060 • 413-586-5855
2008 Valley Community Development Corporation

Equal Housing Opportunity
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