Bedford Village & 447 Concord Rd
Located in suburban Boston’s Route 128 corridor, Bedford Village consists of 96 one-, two-, and three-bedroom households in 10 residential buildings set on 10.3 acres. The property enjoys close proximity to retail centers, medical facilities, civic institutions and local schools.
These homes provide affordable options to low-income individuals as well as those earning 80% of median area income. They are greatly needed in Bedford, where the lack of restricted housing limits rental options for low-income families. POAH is preserving and increasing the number of income-restricted apartments at Bedford Village, whose affordability would have otherwise expired at the end of the state’s 13A subsidy program from the 1970's.
The 14 units of 447 Concord Road, while a few miles from Bedford Village, was part of the same financing transaction.
Using a combination of Federal Low Income Housing Tax Credits, bonds from MassHousing, and local Community Preservation Act funds, Bedford Village has been renovated with new roofs, windows, select kitchen and bath updates, and low-flow fixtures.
- Massachusetts Department of Housing and Community Development
- Massachusetts Housing Investment Corporation (MHIC)
- Town of Bedford
- Keith Construction, Inc
- The Architectural Team