Concord Select Board Minutes 2026-06-01
Town Approves LIP Regulatory Agreement for NOVO Riverside
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Description
The Concord Select Board approved execution of a Local Initiative Program Regulatory and Use Agreement with NOVO Riverside Commons to establish perpetual affordability restrictions for the housing project. This action supports the developer’s transition from the MassHousing program to the state LIP framework.
Contract Details
Vendor
NOVO RIVERSIDE COMMONS
Agency
Concord Housing Authority, MA
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Contract Term
Perpetual affordability restrictions
Renewal Info
Perpetual affordability restrictions under the LIP Regulatory and Use Agreement; no fixed end date.
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DISCUSSSEDtown-of-concord-meeting-minutes-2025-01-14_e88.pdf
NAconcord-housing-authority-meeting-minutes-2025-01-07_abd.pdf
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