Monadnock Ledger-Transcript - New residential, workforce hou

Monadnock Ledger-Transcript - New residential, workforce house development approved in Rindge


Monadnock Ledger-Transcript
Modified: 1/11/2021 12:31:28 PM
A large residential development, including workforce housing units, which has been controversial among Rindge residents, was approved during Tuesday’s Planning Board meeting.
The proposed development would build a total of 66 housing units on 30 lots.
The development, proposed by Navian Development of Rindge, is proposed to be built on 110 wooded acres off Route 119. It includes 26 single-family units, 16 three-bedroom units in four four-unit buildings, and 24 two-bedroom units in four six-unit buildings.
Ten of the multi-family buildings and six of the single-family buildings are intended to be “workforce housing,” a designation that requires they be affordable based on a state-devised formula based on the area’s median income. In Cheshire County, a home valued at $278,500 or a rental at $1,170 monthly is considered to be affordable.

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