Affordable Housing

Lexington is a member of the Regional Housing Services Office, which provides affordable housing support and information to member communities. Learn more about affordable housing opportunities in Town.

          

Lexington strives to promote and maintain the socioeconomic diversity of Lexington by:

  • managing and implementing the Town’s programs to meet the housing needs of low- and moderate-income residents
  • developing initiatives to preserve and expand the Town's stock of affordable housing

Our primary task is monitoring the Town's than 1,300 affordable units.  

We work to acquire, build, and preserve affordable housing, along with our partners:

We also work with private developers and owners to offer access to affordable units created through local permitting processes.

Please explore this page to learn more about how the Planning Department works to keep Lexington a vibrant place to live.


Housing Production Plan

We are pleased to publish the final draft of the Housing Production Plan. This effort was facilitated by the Metro West Collaborative Developers with the Metropolitan Area Planning Council responsible for the bulk of the drafting.


Determining Eligibility for Affordable Housing in Lexington

Listed below are the current maximum annual household incomes, adjusted by size, in order to be eligible to rent or purchase a restricted unit Lexington. 

These figures are published by the U.S Department of Housing and Urban Development (HUD) and change every year as the change in the median income for the Boston area is reported.  Please note that due the particulars of federal law and HUD regulations, the figures reported below do not necessarily reflect straight percentage calculations, despite the use of percentages!

Affordable unit applicants must also meet any program-specific income and asset limits that may be applicable.  Most programs target households earning less than 80% of the Area Median Income, or AMI, while assets are typically capped at $75,000 (including bank accounts, stocks and bonds, retirement accounts, etc).  Generally to be considered affordable, the total housing costs for these units must not exceed 30% of the gross annual income of the owner or renter.

2016 Income Limits - Boston Cambridge-Quincy MSA
 Household Size
 123456

Very Low Income (50% AMI)

$34,340$39,250$44,150$49,050$53,000$56,900

Low Income (80% AMI)

$51,150$58,450$65,750$73,050$78,900$84,750

Area Median Income (100% AMI)

$68,680$78,500$88,300$98,100$106,000$113,800