2022

An article to create a Martha’s Vineyard housing bank will go on the town meeting warrant with a negative recommendation from the Edgartown finance committee, after a unanimous vote.

The much-debated article to create a Martha’s Vineyard Housing Bank will go on the annual town meeting warrant Oak Bluffs, after a unanimous vote by the select board Tuesday night.

As proponents of a Martha’s Vineyard housing bank seek support for an Island-specific initiative, Nantucket has been working to pass some kind of housing bank legislation since 2016, with the latest version currently stalled on Beacon Hill.

A proposal to create a Martha’s Vineyard housing bank appears to be headed to voters in the spring after the Edgartown and West Tisbury select boards agreed this week to put a revised version of the article on their annual town meeting warrants.

Following on the heels of Edgartown’s 2-1 vote Tuesday, the two-member West Tisbury select board agreed Wednesday to place the revised Islandwide housing bank article on this year’s annual town meeting warrant.

Capping weeks of debate, the Edgartown select board voted 2-1 Tuesday to place a revised housing bank article on the warrant for the April annual town meeting.

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