Purchased in 2018, 910 Main Street will be developed for 40 affordable and 9 market-rate rental units, with all units being “Net Zero ready” energy efficient and made from green building materials. CDCSB is partnering on the project with Way Finders, Inc. of Springfield, a large nonprofit housing agency and developer with many projects throughout western Massachusetts. Two acres of the 9-acre site will be developed, with the remaining land placed in permanent conservation. The site is on public transportation and is within walking distance to the downtown business district, grocery stores, major employers, medical and veterinary offices, and cultural and recreational amenities. As of December 2018, CDCSB has received all necessary zoning and environmental permits for the project, clearing the way for Low Income Housing Tax Credit funding applications to the state in February 2019.

CDC Role

Owner and Co-Developer

Unit Profile

45-50 affordable rental units

Development Cost

Estimated $17 million

Financing

The Life Initiative; Community Economic Development Assistance Corporation; Housing Ministries of New England

Collaborators

Way Finders, Inc.

Management

Way Finders, Springfield, MA

Architect

Elton and Hampton Architects, Boston

Engineering

To be determined

Contractor

To be determined

Status

Pre-development

Press

Community Development Corporation of South Berkshire Purchases New Property in Great Barrington (PDF), The Berkshire Edge, July 18, 2018

Business Briefs_CDCSB Purchases New Property (PDF), The Berkshire Edge, July 11, 2018