Katahdin Woods
Katahdin Woods, Income Restricted Apartments, are a premier, pet-friendly boutique apartment community in Lexington, Massachusetts, offering 1- to 2-bedroom apartments nestled alongside peaceful, undisturbed conservation land. Perfectly blending natural serenity with commuter convenience, the property sits minutes from Route 2 and I-95, with an MBTA bus stop directly at the community entrance. Residents enjoy modern in-unit features like smart thermostats, private balconies, and washers and dryers, alongside premium community amenities including a swimming pool, a 24-hour fitness center, a clubhouse, a basketball court, and direct access to scenic nature trails.
FEATURES
Recycling
Easy Accessibility to Route 128 (I-95) and Route 2-A
24 Hour Emergency Maintenance
Interior Hallways with Private Entrances
MBTA Bus Available at Entrance
Carpet
Clubhouse
Colonial Style Architecture
Package Receiving
Fitness Center with Cardio and Strength Training Equipment
Progressive Play Area
Half Basketball Court
Sparkling Outdoor Swimming Pool
Hot Water included
Bicycle Storage and Repair Station
NEIGHBORHOOD
Known as the “Birthplace of American Liberty,” Lexington, Massachusetts has a sense of national pride that can be felt throughout the many neighborhoods that make up the city. Located just northwest of Boston, the North Lexington neighborhood adds its own spin on old-town charm.
North Lexington is a small, affluent suburban neighborhood within Lexington that prides itself in its high-quality schools and small-town feel. The residents of this neighborhood enjoy the piece of American history they reside in by visiting several Revolutionary war sites, including the Battle Green, Minutemen monument, and colonial architecture throughout their city. Hiking paths and conservation parks provide an active way for residents to appreciate the beauty and history of Lexington.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for Katahdin Woods are processed on a first come, first served basis, as apartments become available.
If there is no current availability, applications are added to the waiting list and are reviewed upon receipt to ensure completion and proper documentation only. Applications will then be reviewed for eligibility when they are reached on the waiting list.
Applicants will be emailed upon receipt of their application and upon each application review. Please check your email regularly.
JOIN OUR COMMUNITY / AVAILABILITY & ELIGIBILITY
Katahdin Woods is a mixed-income community offering affordable apartment rentals. Eligibility and income restrictions apply. Find current availability and income limits in the table below.
Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).
- Program: 40B
- Number of Income-Restricted Apartments: 26
- Apartment Sizes: Studio, 1 Bedroom, 2 Bedroom,
- Income-Restricted, ADA-Accessible Apartments:
- Maximum Income Limits: 80% AMI (Area Median Income) — Based on HUD Limits
- Asset Limit: No asset limit for 40B.
Current Rental Availability
2026 HUD Income Limits
| Household Size | 50% | 60% | 80% | 120% |
|---|---|---|---|---|
| 1 Person | $60,000 | $72,000 | $96,000 | $138,264 |
| 2 Person | $68,600 | $82,320 | $109,700 | $158,016 |
| 3 Person | $77, 150 | $92,580 | $123,400 | $177,768 |
| 4 Person | $85,700 | $98,760 | $137,100 | $197,520 |
| 5 Person | $92,600 | $111,120 | $148,100 | $213,322 |
| 6 Person | $99,450 | $119,340 | $159,050 | $229,123 |
NEXT STEPS
INCOME & ELIGIBILITY QUESTIONS / FAQ
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
PROPERTY & COMMUNITY QUESTIONS / FAQ
What utilities are included in the rent? Hot Water
Is the stove electric or gas? Electric
Is the washer/dryer included? Yes
Is parking available? Yes, monthly fee may apply
Is storage available ? Yes, monthly fee may apply
-What is the pet policy? Pets allowed. Breed Restrictions may apply
Is there a monthly pet fee? Monthly fee may apply
What is due at Lease Signing?
If you have questions about this property, please contact us.
Email: info@maloneyrealestate.com
