Affordable Housing Highlights
We build social equity by expanding housing and small business opportunities. Since 1988, Valley has developed over 400 affordable rental and first-time homebuyer homes.
We provide housing at a range of sizes (studios to 3-bedrooms) to meet different household needs and at a range of affordability, from extremely low to moderate income. Methods of development include new construction, renovation, and adaptive re-use. We specialize in meeting the housing needs of our most vulnerable neighbors, including those who are unhoused and disabled, providing safe and affordable housing
Valley has served as developer, co-sponsor, and project manager for recent developments. Valley has over 100 new affordable homes planned that are designed to meet the highest standards of accessibility and energy efficiency eliminating eliminate fossil fuels and incorporate alternative energy sources.
Photo by @airfigproductions.
23 Laurel Street
23 Laurel Street, Northampton, MA
20 townhouse apartments (1, 2, and 3 bedrooms)
All Electric with Rooftop Solar Panels
Certified by Mass Save All Electric Levels 1 and 2
Valley’s Role: Developer / Sponsor
Date Completed: 2025
Total Dev Cost: $13.1 M
Financing Sources: Northampton Community Preservation Act Funds, Federal & MA LIHTC, Energy Tax Credits, Mass Save, MA-ARPA, FCF, MA-AHTF, HSF, CEDAC, Federal Home Loan Bank of Boston, Greenfield Savings Bank, Dorfman Capital, and MHIC
East Gables
132 Northampton Road, Amherst, MA
28 studio apartments (10 with homeless preference)
Passive House Certified
Valley’s Role: Developer / Sponsor
Date Completed: 2023
Total Dev Cost: $9.9 M
Financing Sources: Federal & MA LIHTC, HIF, FCF, MA AHTF, CEDAC, Town of Amherst, Amherst Housing Authority, Easthampton Savings Bank, Dorfman Capital, MHIC, Charlesbank Homes Foundation, Kuehn Foundation, Interfaith Housing Corp, energy incentives
Sanderson Place
120 N Main Street, Sunderland, MA
33 apartments for seniors
Valley’s Role: Consulting Project Manager
Date Completed: 2022
Total Dev Cost: $13.5 M
Financing Sources: Federal and MA LIHTC, MA AHTF, HIF, HSF, Federal Home Loan Bank of Boston, Charlesbank Homes Foundation, Town of Sunderland, Greenfield Savings Bank
Sergeant House
82 Bridge Street, Northampton, MA
31 studio apartments
Valley’s Role: Lead Developer / Co-Sponsor
Date Completed: 2020
Total Dev Cost: $8.2 M
Financing Sources: Federal LIHTC, HIF, FCF, MA AHTF, Federal Home Loan Bank of Boston, CEDAC, City of Northampton, Easthampton Savings Bank
The Lumber Yard
256 Pleasant Street, Northampton, MA
55 family apartments
Valley’s Role: Lead Developer / Co-Sponsor
Date Completed: 2019
Total Dev Cost: $19.3 M
Financing Sources: Federal, MA, and energy LIHTC, CATNIP, CBH, HSF, City of Northampton, Smith College, MA AHTF, CEDAC, TD Bank
Valley Main Street
683-687 Main Street, Amherst, MA
11 family apartments
Valley’s Role: Developer / Sponsor
Date Completed: 2008
Total Dev Cost: $2.9 M
Financing Sources: MHP, HSF, HOME, Town of Amherst, TD Bank, Boston Community Capital
