Village at Reed Meadow Over-55 Development

On August 2, 2010, the Board of Selectmen voted to execute a Regulatory Agreement for the Village at Reed Meadow by and among the Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development ("DHCD"), the Town of Littleton (the "Municipality"), and Apple Valley Homes, Inc., a Massachusetts corporation/limited partnership/limited liability company having its address at 2 Orchid Drive, Littleton, MA, and its successors and assigns ("Project Sponsor"). In return for release of affordable housing deed restriction, developer provided mitigation funds for affordable housing purposes in the amount of 7% from the sale of four duplex housing units. The minimum amount received under the HCA was to be $50,000. The actual amount received was $93,776.

View the Reed Meadow Host Community Agreement Executed (PDF).