Board of Managers adjourns early; town exploring Lincoln School Apartments sale or lease.
Lincoln Apartments Board of Managers and Affordable Housing Trust jointly presented plans to sell, lease, or expand the 86 Central Street property. Chair Jack Falvey outlined the complex's urgent capital needs, noting the $1.2 million capital reserve would be exhausted by building envelope repairs
Lincoln Apartments, LLC Board of Managers · Meeting of March 9, 2026
HINGHAM — Lincoln Apartments Board of Managers and Affordable Housing Trust jointly presented plans to sell, lease, or expand the 86 Central Street property. Chair Jack Falvey outlined the complex's urgent capital needs, noting the $1.2 million capital reserve would be exhausted by building envelope repairs alone. A warrant article for April Town Meeting would authorize the Select Board to convey the property under affordable housing deed restrictions, with potential expansion adding 30 units.
Public comment raised concerns about timeline compression, 40B compliance risk, and loss of municipal oversight, with staff committing to explore additional legal safeguards. The Board of Managers adjourned due to lack of quorum after Chair Elizabeth Cullen left at 8:42 PM.
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Source: the Lincoln Apartments, LLC Board of Managers meeting of March 9, 2026, compiled from the official minutes.
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