Property InformationOverview Address 1 Katahdin Drive Lexington, MA 02421 DHCD ID: 1607Rent or Own: RentHousing Type: Family RentalSHI Units: 128Affordable Units: 26Total Units: 128Restricted %t: 20%Income Eligibility: 50%Subsidy Program: Low Income Housing Tax Credit (LIHTC)Unit Sizes: 8 1 BR, 8 2 BR, 6 3 BRProject/Affordability Start: 01/01/1989Project/Affordability End: 12/31/2016Is the waiting list open?: YesNotes: The affordability term is year-by-year. As long as it is operated as a rental, all units remain on the SHI and the units are rented at 50% of AMI. If the owner decides to convert to condomiums, then only the affordable condos will count on the SHI. Rental Type: PrivatePermit Type: 40BMonitoring Agent: DHCDSubsidizing Agency: DHCDProject Sponsor: Clarion Partners ContactCompany Name: CLPF Katahdin LPPhone: (781) 862-1998Website: http://www.katahdinwoodsapts.com/Contact's Address: 1 Katahdin Drive Lexington, MA 02421 DocumentsPermits: katahdin_woods_2014_amendment_to_comp_permit_regarding_landscaping.pdf katahdin_woods_comp_permit_with_amendments.pdfRegulatory Agreements: katahdin_woods_1989_reg_agreement_and_comp_permit_with_amendments.pdfDeeds: katahdin_woods_2006_deed_to_clpf.pdf
