About Concord Highlands
The Concord Highlands site is approximately one acre and located across Concord Avenue from Fresh Pond in the Alewife-Cambridge Highlands neighborhood. This site represents an opportunity to create the largest new rental family housing in Cambridge in over 40 years. HRI will repurpose the existing site, which was previously occupied by private businesses, for new housing development. Concord Highlands will provide 98 new affordable rental units at 671-675 Concord Ave to families with a range of incomes.
Sixty of the 98 total apartments are tax credit eligible for household earning up to 60% AMI. From these 60 LIHTC units, HRI has committed to setting aside 10% of the total project units to households with incomes at or below 30% AMI. The remaining units are divided into 21 moderate income units for households earning between 61-80% AMI, and 17 middle income units for households earning between 81-100% AMI. In addition,
Concord Highlands aims for the highest levels of sustainability. It will be a well-insulated, high performance building that will use Enterprise Green Communities certification to ensure a sustainable, healthy, and resilient building.