Katahdin Woods Apartments
Address
1 Katahdin Drive
Lexington, MA
02421
Rent or Own:
Rent
Permits:
Housing Type:
Family Rental
Affordable Units:
26
SHI Units:
128
Total Units:
128
DHCD ID:
1607
Subsidy Program:
Low Income Housing Tax Credit (LIHTC)
Notes:
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:
Private
Monitoring Agent:
DHCD
Subsidizing Agency:
DHCD
Project Sponsor:
Clarion Partners
Is the waiting list open?:
Yes
Permit Type:
40B
Income Eligibility:
50%
Company Name:
CLPF Katahdin LP
Website:
Image:
Phone:
(781) 862-1998
Restricted %t:
20%
Regulatory Agreements:
Project/Affordability Start:
Sunday, January 1, 1989
Contact's Address:
1 Katahdin Drive
Lexington, MA
02421
Unit Sizes:
8 1 BR, 8 2 BR, 6 3 BR
Project/Affordability End:
12/31/2016