Goffstown, NH – Dakota Partners has secured financing through the New Hampshire Housing Finance Authority and federal Low Income Housing Tax Credits for Phase 1 of Woodland Village, a new apartment community that will contain a mix of income restricted units and market rate units. Construction is anticipated to start in June of 2021.
Featuring 74 one- and two-bedroom units that will be a mix of townhouse and traditional apartments within 13 buildings, Woodland Village is located on a vacant 37-acre site in Goffstown. The entire development will be built over two phases. The first phase will include the construction of 42 units featuring five one-bedroom units and 37 two-bedroom units within seven buildings, as well as a clubhouse and playground.
“This project has been in development for a long time so we’re excited at the prospect of finally moving forward with it and delivering much-needed affordable housing to southern New Hampshire,” said Dakota principal, Roberto Arista. “Woodland Village will fulfill Dakota’s mission of creating homes that matter by offering affordable rents with a luxury feel, incorporating sustainable materials and energy efficient design, and working with local officials to ensure this community will enrich the neighborhood.”
The first phase of Woodland Village will be constructed using Passive House design, which 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. An early adopter of Passive House design and construction, Dakota has close to a dozen projects currently under construction or in development using Passive House principles.
