The role of LexHAB is to expand the Town’s inventory of affordable housing for rental to families of low and moderate income, and with preference when possible to those who work and live in Lexington. LexHAB’s inventory of affordable units consists of scattered site, singles and duplexes, condominium units, and family style homes.
From the Committee charge:
The Board was established by an Act of the Commonwealth to investigate and implement alternatives for providing affordable housing in Lexington for persons of low, moderate and middle income. The powers and duties of this Board are intended to supplement and not limit those of the Lexington Housing Authority.
Members should have a background in engineering, finance, business, real estate, town government, law and/or development for persons of housing of low and moderate income.
Members: no fewer than 5
Appointed by: Select Board for 3-year overlapping terms.