On June 4, the select board debated potential amendments to town regulations that currently only allow for one rental of affordable housing on every 1.5 acres of land – limiting the number of units town housing projects can have.
As of 2023, an affordable house for the average Island family — costing less than 30 per cent of annual income in mortgage, taxes, and insurance — should cost $400,000. But the median single-family home on the Vineyard, as of this year, costs just over $1.3 million.
Members of the community and participants in the project gathered Wednesday for a ribbon cutting at Carl Widdiss Way, with the incoming tenants set to move in Friday.
For years, Islanders have prayed for more affordable housing. A new plan in Aquinnah turns to a house of worship for an answer.
The Martha’s Vineyard Commission this week declined to send a proposed Oak Bluffs veteran affordable housing complex to a full public hearing, helping fast track the project in its attempts to get funding.
Aquinnah voters Tuesday also approved the town's $7.1 million budget and backed funding for town building repairs.
Housing secretary Ed Augustus will be on-Island on June 4, the last stop of his 12-municipality tour around Massachusetts as the state plans to create a five-year housing plan.
The Martha's Vineyard Commission last week approved developer Xerxes Agassi's proposal to redevelop the former Educomp building into deed-restricted condominiums.
Developer Robert Sawyer has withdrawn his proposal to demolish a historic home and build an apartment building just days after the project was initially reviewed by the Martha's Vineyard Commission.
Robert Sawyer came to the Martha's Vineyard Commission Thursday seeking permission to knock down a historic home to make way for a new 8-unit housing complex. The MVC said it needed more information before it could decide.