Building safe, comfortable, and affordable housing is a fundamental component of Valley CDC’s overall mission. Since its inception, Valley CDC has produced over 150 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.  In late 2008, Valley completed two rental housing developments – 46/48 School Street in Northampton and 683/687 Main Street in Amherst. The Northampton project consists of eight (8) units close to downtown and the Amherst project consists of 11 units, also close to downtown. Combined total development cost for both projects is $5 million.

In the fall of 2005, Valley CDC completed the “Go West” project. Located in downtown Florence, the project involved the complete renovation of a deteriorated 23 room SRO (Single Room Occupancy) building with one large commercial storefront into 17 enhanced SROs (with individual kitchens/baths) and two smaller commercial storefronts. Total development cost was $2.6 million.

The following is an additional list of other housing projects that Valley CDC successfully developed since 2000:

Valley Millbank Apartments, Northampton
Millbank was completed in the summer of 2004 and included 14 new affordable units and renovation of an existing 10 units. This 24 unit rental project had a total development cost of $3,192,555. Tilman Lukas of MBL Housing and Development was the housing consultant. Patrick McCarthy was the project manager and clerk of the works. Joanne Campbell was owner’s representative and staff supervisor. Valley partnered with HAP on this project.