National Equity Fund

Pennrose Opens New Affordable Homes for Low-Income & Local Workforce in the Berkshires, MA

Brushwood (1)
September 09, 2026

Lenox, Massachusetts is known to visitors and tourists for its resorts in the Berkshires, gorgeous fall foliage, the Tanglewood Music Festival, and much more, but what about the families and individuals who call Lenox home year-round? The cost of living in Lenox is 10% higher than the national average according to Payscale.com. This means families and its workforce (teachers, police officers, healthcare workers, and resort staff) who are an essential part of the thriving community are unable to afford to live where they work and their children go to school!

Our partners at Pennrose saw this need and create Forge, a new construction mixed-income rental community. Looking at these high-quality townhome-style buildings seamlessly blending into the surrounding neighborhood and wooded area, most people are surprised to find out that there are 50 affordable homes for households earning 30-60% of the area median income (AMI) and 15 units dedicated for workforce housing — those earning up to 120% AMI.

Learn more about Pennrose and Forge.

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