About the Committee
Lincoln Apartments, LLC is a Massachusetts Limited Liability Company formed December 3, 2008 as authorized at the Special Town Meeting held on October 27, 2008. Lincoln Apartments, LLC's sole member is Hingham Affordable Housing Trust and its manager is a board of directors with 5 members, 1 citizen to be appointed by the moderator, 2 citizens to be appointed by the Board of Selectmen, and 2 citizens to be appointed by the Hingham Affordable Housing Trust. Lincoln Apartments, LLC leases the apartment building at 86 Central Street which consists of 60 affordable housing units from the Town of Hingham under a Ground Lease.
Among other things Lincoln Apartments, LLC has the oversight responsibility to monitor the performance of the professional management agent, review monthly, quarterly, and annual financial statements, and review all proposed capital expenditures.