Consultant John Ryan this week provided firm statistical underpinnings for what Islanders have known anecdotally for years as they watch the struggles of friends and neighbors: The housing crunch on Martha's Vineyard has become a full-blown crisis.
The Island Affordable Housing Fund hired Mr. Ryan of Development Cycles to study the Vineyard's affordable housing problem.
Grim Housing Needs Assessment Underscores Important Search to Ease Lack of Affordable Shelter on the Vineyard
By MANDY LOCKE
Twenty-eight million dollars.
It's less than five per cent of the $6 billion Vineyard
housing market. It's only $6 million more than the recent $22
million sale of the former Sharpe house in Edgartown. It's but a
$233 contribution from each seasonal and year-round resident.
Officials from the Martha's Vineyard chapter of Habitat for Humanity announced this week that they have signed a purchase and sales agreement to buy two acres of land in Edgartown.
The land is located off the West Tisbury Road near Bennett Way and, if all goes as planned, the group hopes to begin constructing two houses there late this spring.
It's apt that this news comes now, since this week also marks the completion of the chapter's first house on the Island.
You know exactly who they are - your son's second grade teacher, your neighbor whose spouse left last year, the EMT who revived your father last month. It's the regional high school class of 1997.
This is but a snapshot of the nearly 2,000 faces of those unfortunate enough to struggle month after month, year after year with the lack of affordable housing on Martha's Vineyard.
You've heard their stories dozens of times, but do you know just how severe the affordable housing problem is?
It's the story of one Island family's refusal to gouge
another year-round family struggling to find a home in an expensive real
estate market. It's the story of a real estate broker determined
to find the perfect buyer - a moderate-income Island family
desperate to buy their own home after a decade of shuffling from one
inadequate rental to another.
For once, it's an affordable housing story with a happy
ending.
MVC Power of Review on Housing Projects Upheld in Key Ruling by
State Land Court
By JULIA WELLS Gazette Senior Writer
In a groundbreaking decision that affects every town on the
Vineyard, the chief justice of the Massachusetts Land Court ruled last
week that the Martha's Vineyard Commission has full power of
review over low and moderate income housing projects under Chapter 40B,
a section of state law commonly known as the anti-snob zoning statute.
The chief justice of the Massachusetts Land Court heard arguments
this week in a groundbreaking case that will ultimately decide whether
the Martha's Vineyard Commission has the power to review low and
moderate-income housing projects under Chapter 40B, a section of state
law commonly known as the anti-snob zoning statute.
When leaders of the Island Affordable Housing Fund (IAHF) say they'll be collecting $14 million within five years, it's clear there's no room for negotiation.
"There's a lot to be done," John Abrams, chairman of the young non-profit's board, said flatly.
NANTUCKET - Walter Beinecke's name is spoken with a sense of awe and an undercurrent of resentment. He's the fellow, people here will tell you, who in the 1960s awoke this sleepy little island. He's the entrepreneur, who, owning much of Nantucket's downtown and practically all of the working harborfront - jammed with more fishing vessels than tourists in those days, did the math. He figured the place could benefit more from 100 people spending $100 each than 1,000 people buying a $10 T-shirt.
Ruling that the dire need for low-cost rental housing trumps traffic
concerns, the Martha's Vineyard Commission voted unanimously last
night to approve the Pennywise Path affordable housing project in
Edgartown.
