[HISTORY: Adopted by the Housing Assistance
Board of the Town of Lexington 2-4-2021.[1] Amendments noted where applicable.]
[1]
Editor's Note: These regulations also superseded former Ch.
158, Housing Assistance Board, adopted 3-16-1985, as amended.
The Lexington Housing Assistance Board, Inc. ("LexHAB") was
created by the Town of Lexington and chartered by the State Legislature
(Chap. 521 of November 29, 1983) as a nonprofit housing corporation
"for the purpose of investigating and implementing alternatives for
the provision of and providing affordable housing for persons of low,
moderate and middle income, and others whose needs may be identified
in the Town of Lexington."
A.Â
LexHAB's units are rented to applicants who qualify pursuant
to LexHAB's rules and/or the rules applicable to the program
that governs a particular unit. For example, units purchased with
Community Preservation Act funds are subject to regulatory agreements
that govern the selection and qualification of tenants.
B.Â
Specific LexHAB's units may be rented to organizations which
provide group homes and programs to individuals with disabilities.
C.Â
Specific LexHAB units may be designated for special rental programs
(including, but not limited to the Lexington Town employee program).
LexHAB's rents for leases from LexHAB to individuals are
based on a percentage of household income. The determination of household
income and calculation of rent are based on LexHAB's policies,
as may be modified by applicable regulatory agreements or other applicable
laws, rules and regulations.
As part of the tenant certification process, applicants will
be asked to provide financial and other documentation to validate
their eligibility and determine rent. Applicants will also be asked
to consent to credit and background checks.
