Housing Trust Approves $3.41M CPC Application

Affordable Housing Trust · Meeting of October 22, 2026

LEXINGTON — The Lexington Affordable Housing Trust voted unanimously to finalize a $3.41 million Community Preservation Committee application, due November 1. Chair Elaine Tung was authorized to submit the request after LexHab raised its anticipated funding ask to $900,000 and the Lexington Housing Authority added a $200,000 predevelopment line. Trust members split over adding $15,000 to $50,000 to a pilot rental assistance program that has already committed its full $100,000 across 12 households, with one approved applicant and five pending ones left unfunded.

Public commenter Bob Pressman, citing nine years on the CPC, said the trust "don't need to wait for the select board to add $15,000 to this program." Resident Melinda Walker, affiliated with Metro West Collaborative, said she didn't "know how you would measure a pilot program" beyond people applying for the money. No additional rental assistance funds were approved.

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Source: the Affordable Housing Trust meeting of October 22, 2026, reported from the official video recording and transcript.

Checked against the record: before publication this article was automatically compared with the meeting transcript. It was corrected where it differed.