We do not sell or rent individual units at Concord Village. Rather, existing members, when they move, sell their "membership," which is a stock certificate entitling the owner to a 1/373rd interest in the ENTIRE Concord Village complex. To own a share of the village, you must be a resident, and vice-versa. Today, memberships are typically transfered for anywhere from $7,000 to $15,000 depending on the size of the unit and the amount of improvements made (we use a valuation table to determine the transfer value). Additionally, there is a monthly carrying charge to pay for financing and common expenses, which is set by the Board of Directors with HUD approval and currently ranges from approximately $340 to $460 depending on the size of your unit.
We maintain a separate waiting list for each type of unit (# of bedrooms, etc). We only accept additional applications when the waiting list is less than 10 people long, so contact the office prior to submitting your application. In most cases, it can take months or even years to move to the top of the waiting list. In some cases, however, people at the top of the list are looking for very specific features in their units (fireplaces, etc), and people further down the list can move in fairly quickly if a unit becomes available that doesn't have the features that people at the top of the list desire.
Qualifying for Membership at Concord Village requires that you meet the following minimum standards:
Below is a link to a membership application that you can download. Please call the office prior to submitting the application to insure that the waiting list is "open" for the type of unit you are seeking.
Download PDF: cv-applicationformembership-rev2011.pdf - 613 Kb