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Rural Surroundings Minutes from Boston
Lincoln Woods is a 125 unit mixed income, cooperative housing development located
in the heart of historic Lincoln, Ma. While situated near a shopping area
and commuter train, it is surrounded by acres of public preservation land
and trails with easy access to major urban areas. Lincoln Woods
is unique in the amount of open, undeveloped woodlands that are accessible from the development.
Lincoln is known for its excellent schools.
Lincoln Woods was developed in 1976 to provide economic and cultural
diversity in the community. Mass Housing provided funding for the new corporation
to establish and maintain affordable housing. Mass Housing currently
provides regulatory oversite.
Unlike a standard apartment, in a cooperative, each resident owns shares in the cooperation. A unit is
then "leased" to that resident who pays monthly charges to maintain and
operate the property. It is goverened by an elected board of directors and a
management company. Affordable buy-in share loans are available for low and moderate income residents.
Number of Apartments by Size:
| One Bedroom |
40 units |
| Two Bedroom |
73 units |
| Three Bedroom |
12 units |
Number of Apartments by Designation:
| Low income |
32 units |
| Moderate income |
40 units |
| Market income |
53 units |
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© 2009, Lincoln Homes Corporation
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