Board of Managers renews Corcoran management contract through end of 2026.
Lincoln Apartments board renews management contract with CPI clause. The Board of Managers voted unanimously to extend the Corcoran Management Contract through December 31, 2026, with a 2.7 percent cost-of-living adjustment. In parallel, Affordable Housing Trust Chair Jack Falvey outlined a
Lincoln Apartments, LLC Board of Managers · Meeting of January 5, 2026
HINGHAM — Lincoln Apartments board renews management contract with CPI clause. The Board of Managers voted unanimously to extend the Corcoran Management Contract through December 31, 2026, with a 2.7 percent cost-of-living adjustment. In parallel, Affordable Housing Trust Chair Jack Falvey outlined a strategy to convey the 86 Central Street property to a for-profit or nonprofit developer to fund major capital improvements while maintaining long-term affordability through HUD protections and state/federal financing safeguards.
The Town received a $100,000 ADA grant for community room, kitchen, and laundry upgrades, and submitted a $500,000 CPC request for approximately $2 million in brick repointing work.
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Source: the Lincoln Apartments, LLC Board of Managers meeting of January 5, 2026, compiled from the official minutes.
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