The Next Lexington Housing Partnership meeting will be held:
Tuesday Feb. 20, 2018 @ 7:30 PM - Reed Room, Lexington Town Offices
1625 Mass Ave.
Affordable Housing Opportunities!
Two affordable housing opportunities have become available; one in Somerville and one in Lexington. Please refer to the information and web links below:
SOMERVILLE - Two condos at The Flatiron @ Union Square, each with 2 bedrooms and 2 baths, are available for sale. Qualifiying applicants will be entered into a lottery that will be held Jnuary 19, 2018. Anyone interested in applying must submit an application to the City Hall Annex in Somerville by Januray 5, 2018 at 10:00 AM. More information, including eligibility requirements, can be found below:
Information Flyer: Flatiron_Somerville_Flyer
Town of Somerville web site: City of Somerville Flatiron information page
LEXINGTON - The Manor House development is a development approved by the Lexington Planning Board. The project is located on 425-509 Woburn Street in the Town of Lexington, Massachusetts. The site is 1.98 acres, and the project consists of one building that will contain 51 units, of which six will be affordable and sold via lottery.
The units are located on four floors, with underground parking. The units have hardwood floors and white appliances (refrigerator, stove top, microwave and dishwasher). The monthly Condominium fee ranges from $291.50 to $371.44, which represents a proportional share of the total condominium expenses covering landscaping and snow removal, taxes, insurance and contribution to reserve based on the square footage of the unit. The homeowner will also pay monthly real estate taxes using Lexington’s 2017 tax rate of $14.48.
The units will be available to income eligible first-time homebuyers, with some exceptions permitted under the program, as noted in the application:
Lexington Manor House application form: Manor_House_Application
The key milestones for this housing opportunity:
Application Period opens November 3, 2017
Information Session - December 5, 2017, 7 pm, Cary Memorial Building, Estabrook Hall, 1605 Mass Ave, Lexington MA
Application Deadline January 10, 2018, 1 pm
Lottery - January 29, 2018 7pm, Cary Memorial Building, Estabrook Hall, 1605 mass Ave, Lexington MA