Affordable Housing Trust

Overview

The purpose of the Trust shall be to provide for the preservation and creation of affordable housing in the Town of Lexington for the benefit of low and moderate income households and for the funding of community housing.

There shall be a Board of Trustees, which shall include no less than five and no more than nine Trustees, including one member of the Select Board, each of whom, to the extent possible, shall have a background or interest in affordable housing, including a resident with a low- or moderate-income, and who, together, shall have a background in finance, law, real estate or real estate development.

Meetings

At least quarterly

Agendas & Minutes

Agendas are available online prior to the meetings. Minutes are available following approval.

Members

Members: 5–9
Appointed by: Select Board
Term: 2 years

Current Membership


  1. Affordable Housing Trust


  2. Carol Kowalski

    Assistant Town Manager for Development

  3. Ragi Ramachandran