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The Trust approved $56,000 for Concord to begin a new five-year Housing Production Plan in 2026. Its funding plan also includes a $392,285 sewer improvement contribution supporting 51 affordable units at 80% of area median income.
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The new plan will guide Concord’s affordable-housing work through 2033 and coordinate actions among local boards and housing organizations. If the NOVO and Thoreau projects move forward, Concord’s subsidized housing inventory is projected to reach 16.14%, but only 7.24% of the town’s 7,172 households would have restricted affordable units. The meeting also reported that housing trust support helped the Concord Housing Authority secure $450,000, with approximately $750,000 currently available, for its Everett Gardens sprinkler project.
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