Friars Court is Hudson, NH’s first and only affordable housing community. Located in New Hampshire’s largest county where affordable housing is scarce and waiting lists for units can stretch years, Friars Court brings tremendous value to the community where the demand for quality, safe, and sustainable housing is high.
The new development is nestled on an 11-acre site just a mile from Hudson’s busy central business district and within walking distance of grocery stores, banks, retail stores, post offices, and pharmacies. Commuters benefit from direct access to State Route 3A and excellent access to public transportation; downtown Nashua’s robust shopping and entertainment area is a short three-mile drive away.
Phase 1 of this community was designed as Certified Passive House to ensure high-energy efficiency throughout the year. There are several benefits that residents will enjoy from living in a Passive House development, including savings in monthly utility bills from reduced energy use, high indoor air quality due to excellent ventilation, and a sound-proof home from air tightness and super insulation. An early adopter, Dakota is one of the nation’s most active Passive House developers of affordable housing with close to a dozen projects currently under construction or in development.
Friars Court is made up of two separate buildings, the first of which features 47 units. Phase 2 includes the second building of 34 units and a Clubhouse. Each of the residential buildings has a mix of one- and two-bedroom units.
Total Development Costs: $12.5 million
Financing Partners: TD Bank, NH Housing Finance Agency, Town of Hudson