Affordable Housing Highlights
Since 1988, Valley has developed over 400 affordable rental and first-time homebuyer homes. Valley has housing at a range of sizes and at a range of affordability. Valley has done new construction, renovation/rehab, and adaptive re-use.
We specialize in meeting the housing needs of our most vulnerable neighbors, including the formerly homeless and people with disabilities, by providing safe and affordable housing. Valley has served as developer, co-sponsor, and project manager for recent developments.
Prospect Place
737 Bridge Rd, Northampton, MA
60 apartments (studios,1, 2, and 3 bedrooms)
All Electric with Rooftop Solar Panels
Valley’s Role: Developer/Sponsor
Completed: 2026
Financing Sources: Northampton CPA and CDBG, Federal & State LIHTC, Energy Tax Credits, Mass Save, FCF, AHTF, HSF, HIF, CBH, AAHG, CRH, DOER, Mass Workforce Housing CEDAC, Mass Development UPP, MassHousing, PeoplesBank, and Redstone
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
Completed: 2025
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
Completed: 2023
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
Completed: 2022
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
Completed: 2020
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
Completed: 2019
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
Completed: 2008
Financing Sources: MHP, HSF, HOME, Town of Amherst, TD Bank, Boston Community Capital
