Valley CDC’s $27M affordable housing plan at former nursing home in Northampton gets boost

NORTHAMPTON — Plans to redevelop a former nursing home on Bridge Road into 60 affordable apartments cleared two significant milestones in recent weeks, when Valley Community Development won approval from the city’s Planning Board to move ahead with the $27 million project and the state agreed to send $830,000 to remove asbestos from the old building.

Clearing these hurdles will enable the Northampton nonprofit to hire a company to begin removing a “very significant amount of material with asbestos” from the former Northampton Rehabilitation and Nursing Center at 737 Bridge Road, while at the same time seeking other financing from the state for the multimillion dollar project, said Laura Baker, real estate development director at Valley CDC.

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