The Island Housing Trust and MassHousing have closed on $1.12 million in financing for the seven-unit housing development, a former bed and breakfast in Vineyard Haven.
The nonprofit Island Housing Trust cut the ribbon Thursday on its latest project: seven affordable apartments at the Perlman House, a 100-year-old former inn on State Road in Vineyard Haven.
Three Island residents walked away from the Tisbury selectmen’s meeting this past week with the opportunity to buy a home close to downtown Vineyard Haven for a dramatically reduced price.
It’s been two years since Island Housing Trust began the affordable housing project at 150 State Road. The Dukes County Housing Authority organized the lottery, held this past Tuesday night.
The former Clark House, a longtime inn on the Edgartown-Vineyard Haven Road, is about to undergo renovations to become a year-round apartment building for Martha’s Vineyard residents.
This month hospital employees will be able to live in renovated rooms in the former Hanover House in Vineyard Haven. A ribbon-cutting ceremony for the new project was held Thursday afternoon.
Community housing and town leaders dug into the dirt with green-tipped ceremonial shovels, some engraved with the names of completed housing developments.
