Two New Construction 1-Bedroom Units, Concord, MA

Published June 5, 2023 | Sudbury Housing Trust | Automatically Archived on 8/30/2023

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Two New Construction 1-Bedroom Units in Concord for purchase.

16 Millrun – 1-bedroom low-income condo – $233,300
18 Millrun – 1-bedroom moderate income condo – $484,700

Please see Flyer and Application for more details.

The key milestones for this housing opportunity:

Application Period opens Thursday, June 1, 2023
Information Session Tuesday, June 27, 2023, 7pm via ZOOM https://us02web.zoom.us/j/3497197633
Application Deadline Thursday, August 10, 2023 1 pm
Lottery Tuesday, August 29, 2023 1 pm via ZOOM online meeting – details for joining meeting provided to eligible applicants via email

Project Description

Concord Millrun is a new compact neighborhood in West Concord that celebrates sustainable, communal living. The 14 residences are situated near the natural beauty of the Assabet River, and the winding footpaths, inviting porches, and beautiful central green create a sense of cohesion, safety, and community. The restricted condominiums are 16 Millrun (80% AMI) and 18 Millrun (150% AMI). They both have one bedroom and 1.5 baths, with porch and patio. 16 Millrun is 779 square feet on a single level with kitchen, dining area, and bedroom; 18 Millrun is 1101 square feet, with the kitchen, dining area, bedroom, and baths on the first floor, and a finished loft area upstairs. 16 Millrun also has an exterior shed, and secure exterior storage.

The monthly Condominium fee ($184.41 for 16 Millrun and $254.78 for 18 Millrun) represents a proportional share of the total condominium expenses covering landscaping and snow removal, taxes, insurance and contribution to reserve. The homeowner will also pay monthly real estate taxes using Concord’s 2023 tax rate of $12.96 or $252 per month (16 Millrun) and $523 per month (18 Millrun).

Please contact Lara Plaskon at lara@rhsohousing.org if you have questions or to submit an application.

Lara Plaskon
Regional Housing Services Office
37 Knox Trail, Acton, MA 01720
978-287-1092; lara@rhsohousing.org
www.rhsohousing.org

Attachments

Concord - Millrun Flyer 230601

Published June 5, 2023 | Sudbury Housing Trust | Archived | Details

Concord - Millrun Application 230601

Published June 5, 2023 | Sudbury Housing Trust | Archived | Details

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Appointment Application

The purpose of the Sudbury Housing Trust is to provide for the creation and preservation of affordable housing in the Town of Sudbury for the benefit of low and moderate income households.

The Trust implements the recommendations set forth in the Sudbury Community Housing Plan to the purpose of aiding the Town of Sudbury, private enterprises and non-profit organizations, and other public agencies in the speedy and orderly acquisition, rehabilitation, renovation, construction, financing or refinancing of property within the Town of Sudbury so that such property will be substantially available as residential property for low and moderate income persons and to further provide mechanisms to ensure such use.