Pine Grove Village - Condo Units
Address
Worthen Road aka Judges Road
Lexington, MA
02421
Rent or Own:
Own
Housing Type:
Family Ownership
Affordable Units:
11
SHI Units:
11
Accessible Units:
0
Total Units:
11
DHCD ID:
1608
Subsidy Program:
Other State Subsidy Financing
Notes:
Pine Grove was initially developed as a 16-unit limited-equity cooperative which means that is was primarily operated as a rental but it had some ownership characteristics. In 2017, it was converted into a condominium. These 11 units are affordable homeownership units. The other five units are owned by the Lexington Housing Authority and are operated as affordable rental housing.
Monitoring Agent:
Town
Subsidizing Agency:
MassHousing
Project Sponsor:
Pine Grove Village Condominium
Is the waiting list open?:
No
Permit Type:
40B
Income Eligibility:
<80% AMI
Company Name:
Pine Grove Village Condominium
Image:
Restricted %t:
100%
Regulatory Agreements:
Other:
Project/Affordability Start:
Wednesday, December 31, 1980
Unit Sizes:
2 2-BR, 7 3-BR, 2 4-BR
Project/Affordability End:
Perp