A hefty contribution to affordable housing and strict limits on nitrogen are the two main elements of a deal struck late last week between the Oak Bluffs planning board and the buyers and sellers of a failed subdivision in the Southern Woodlands.

The Oak Bluffs affordable housing trust has recommended that the planning board require a contribution of $880,000 from the principals involved in the sale of the failed housing development. A public hearing is set for tonight at 7 p.m.

Chilmark has long recognized the importance of affordable housing to the well-being of the town.

Just under half a million dollars was awarded last week to the Wampanoag Tribe of Gay Head (Aquinnah) through an annual grant for affordable housing.

In light of questions surrounding the recent lottery for affordable homesites at Nab’s Corner, the Chilmark housing committee has begun the process of revising the town’s homesite guidelines.

With the need for affordable housing on the Vineyard still acute, selectman Warren Doty has proposed a five-year initiative to provide 10 more homesites in his town.

In a long-awaited lottery, four Chilmark residents were awarded homesites at Nab’s Corner. The event early Friday evening was standing room only.

With demand for affordable homesites running high and an upcoming lottery for four lots at Nab’s Corner a few days away, the Chilmark selectmen this week denied two appeals from applicants who did not meet the guidelines.

Citing a clear demand for affordable housing in their town, the Chilmark selectmen are discussing making more town land available for homesites.

Four affordable housing lots in Chilmark that became available this year are drawing interest from Island residents.