Concord Village in Tempe, AZ is a housing cooperative consisting of 373 one and two-story townhomes, offering compact, economical, and energy-efficient designs, with more than half of the units featuring three or more bedrooms. Established in 1964 as a means for low-income families to build equity and eventually own their own homes, the village has undergone refinancing efforts and is set to pay off its last remaining HUD loans in 2027, paving the way for a transition to fair market value or deeded condos for its members.
Concord Village's resident-driven website and social media pages serve as a platform for transparent communication and information sharing among its community members, aligning with the cooperative's ethos of fostering a healthy and functioning housing cooperative. With a countdown clock marking the approaching milestone, residents are encouraged to join the email group or subscribe to newsletters to stay informed about the options for conversion in 2027.
Generated from the website