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Town of Lexington <br />Community Preservation Plan <br />Community Housing <br /> <br />________________________________________________ <br /> <br /> <br /> <br />Background <br /> <br />The majority of Lexington’s population is in the middle-income category, earning over 80 <br />percent of area median income. Eighteen percent of the Town’s population falls into the <br />moderate-, low-, or extremely low-income categories. Lexington is faced with a declining <br />population in the 18 to 44 age group. High housing costs make it difficult for young people to <br />afford a home in Lexington. At the same time, the population over 65 is on the increase. <br />Members of this group often live on fixed incomes. There is a clear need to create affordable <br />rental and ownership opportunities for young families and senior citizens that fall into the low- <br />income or moderate-income categories. <br /> <br />Lexington has three housing organizations that provide and advocate for low- and moderate- <br />income housing. <br /> <br />Lexington Housing Authority <br /> <br />The Lexington Housing Authority was established in 1968 pursuant to Chapter 121B of the <br />General Laws of Massachusetts. Its role is to provide decent, safe, sanitary and affordable <br />housing for low-income individuals and families, including veterans and the elderly. Though <br />state and federally funded, the Housing Authority is governed by a five member Board of <br />Commissioners, four of whom are elected by town voters and one of whom is appointed by the <br />Governor. <br /> <br />Lexington Housing Assistance Board (LexHAB) <br /> <br />In 1983 the Lexington Housing Assistance Board, Inc. was established by an Act of the General <br />Court as requested by Town Meeting and the Board of Selectmen. The immediate rationale for <br />LexHAB’s creation was the conversion of the former Muzzey High School to affordable <br />housing. The charge to LexHAB was broadly framed to enable it to look beyond the Muzzey <br />units in order to provide housing for young families and other residents who could not qualify for <br />housing provided by the Housing Authority, but who were nevertheless in need of housing <br />assistance. The Town charged LexHAB, subject to the direction of the Board of Selectmen, to <br />“investigate and implement” housing alternatives for low, moderate and middle income families. <br />Since LexHAB is locally sponsored, it is able to give a preference to applicants who have a <br />Lexington connection through residence, work, or school. LexHAB is governed by a seven- <br />member board appointed by the Selectmen. <br /> <br />7 <br /> <br />