In The Pipeline

Valley acquired this property in Hadley in 2023 with funding from the Community Economic Development Assistance Corporation, after receiving a $650,000 grant from the Federal Home Loan Bank of Boston Affordable Housing Program.

In 2025 Valley received a $100,000 from the Hadley Affordable Housing Trust Fund and was awarded all remaining funds from the MA Executive Office of Housing & Livable Communities needed to renovate the building. Keiter was chosen as the General Contractor and will begin renovations in the summer 2026.

In 2022, Valley was selected to develop a City owned parcel behind City Hall into affordable housing. We will build 30 new studio apartments with 20 of the apartments set aside for people making at or below 30% AMI with a preference for homeless individuals.

Project site plans, exterior elevations, and additional supporting documents are available to the public on the City of Northampton website.

Learn more (PDF)

Valley, in partnership with The Community Builders (TCB), was selected to purchase and redevelop the former Hall of Records at 33 King Street. Located in the heart of Northampton, the property abuts the Rail Trail and is within walking distance of multiple public bus stops and an Amtrak station. Valley and TCB will work together to create a mixed-use, cohesive community with two buildings and shared amenities for residents, including parking, green space, and safe bike path access. 

The partners plan to demolish the existing building and build approximately 90 apartments and commercial space across two buildings. Apartments will be range from studios to three bedrooms for low and moderate income and workforce households. TCB’s building will include commercial space along King Street.  

The development is currently in due diligence, with plans to submit for local zoning permits in spring 2026. Valley’s building is estimated to be completed in summer 2029, and TCB’s is estimated to be completed in 2030.