Solar Circle, Haydenville

Date of Completion: February 2008

Project Description: Acquisition of a 24-acre wooded parcel at the end of town water/sewer line within a half mile walk to the center of the village of Haydenville in Williamsburg.  New construction of eleven detached single-family condominiums in a cluster on four acres of land, preserving 20 acres of woodland.  Super insulated, passive solar design, with roof mounted photovoltaic panels. Energy Star certification.  Homes sold at $140,000 and $150,000 with 99-year subsidy recapture deed riders.

Total Development Cost: $3,145,466

Number of Units:  Eleven

Bedroom Size: Five three-bedroom units and six two-bedroom units

Type:  New Construction, Home ownership

Income Levels:  11 units sold to first time home buyers at or below 80% of median income.

Sources of financing:  Massachusetts Affordable Housing Trust Fund, State HOME, Florence Savings Bank CEDAC, HAP / Mass. Technology Collaborative, Community Foundation of Western Mass., National Grid