2022

The proposed housing bank bill replaces the direct democracy of town meeting with a central committee, consisting of seven commissioners, one elected from each town, and a seventh commissioner elected Islandwide.

There’s plenty of talk these days about the proposed Martha’s Vineyard Housing Bank. There’s plenty of talk about the state of the Vineyard, too.

The pivotal question of whether to create a Martha’s Vineyard housing bank is on the table as annual town meetings and elections draw near.

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.

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