The West Tisbury selectmen Wednesday signed an agreement with the nonprofit Island Housing Trust to accept payment in lieu of taxes for three new apartments at Sepiessa.

The Island Housing Trust invites the community to its annual meeting at 10:30 a.m. on Saturday, April 12, at the West Tisbury library.

Island Housing Trust, a nonprofit organization that develops sustainable affordable housing projects on the Island, was one of 38 community organizations awarded Community Investment Tax Credits totalling $3 million. The tax credits will be distributed by the Island Housing Trust to investors in exchange for donations.

Two longtime Island affordable housing advocates will be honored at the State House in Boston Tuesday for their contributions under the Community Preservation Act.

Philippe Jordi and Derrill Bazzy are recipients of this year’s Kuehn Community Preservation Award, given out by the Community Preservation Act Coalition.

The Martha’s Vineyard Commission has approved a plan to expand the Sepiessa Affordable Housing development in West Tisbury.

The application from the Dukes County Regional Housing Authority and the Island Housing Trust will add three affordable housing units with six bedrooms to the housing development on Clam Point Road. Right now, the housing complex consists of four units with six bedrooms.

The development is located on a three-acre parcel of land with a Title V septic system.

There was little need for ceremonial golden shovels during Wednesday afternoon’s groundbreaking for phase two of the Island Housing Trust’s Lake street project. Construction had already begun on the third and final duplex town house of the affordable housing mini-community in Vineyard Haven. When complete, the duplexes will house six families.

Habitat for Humanity of Martha’s Vineyard joined forces with partner Island Housing Trust to present the second annual Raising the Roof, a benefit concert for affordable housing, on Thursday evening, July 26.

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.