Hudson, NH – Dakota Partners recently secured all financing and approvals needed to complete construction financing and start construction on the property at 161 Lowell Rd in Hudson. The site will be home to a new affordable housing development called Friars Court.
Planned in two phases, Dakota also received financing for Phase 2 via unanimous vote from the New Hampshire Housing Finance Authority back in the spring of 2020.
The community will be made up of two separate buildings, the first of which will include 47 units. Phase 2 will include the second building of 34 units and a clubhouse for all residents to use. Each of the buildings will be a mix of one- and two-bedroom units.
Construction will be entirely designed as Certified Passive House to ensure high-energy efficiency throughout the year. Passive house design is a set of energy efficient building principles that utilizes heavy insulation, airtight building envelope and heat-recovery ventilation systems to reduce overall energy consumption.
Dakota’s mission is to improve the lives of the people who live in its communities, by integrating high-level design, green building technologies, and quality craftsmanship.