An ad hoc citizen group has assembled to develop an action plan for the growing housing crisis on the Vineyard. The first step comes at town elections beginning next week, when voters will be asked to weigh in.
An ad hoc citizen group has assembled to develop an action plan for the growing housing crisis on the Vineyard. The first step comes at town elections beginning next week, when voters will be asked to weigh in.
Affordable housing has been part of the land bank’s planning since 1989, when it first adopted a housing policy.
After more than two years of debate and planning at the local and state level, time literally ran out last week on a proposal to impose a one per cent tax increase on the sale of more expensive homes on the Vineyard to pay for affordable housing.
A bill to establish a housing bank to fund affordable housing on the Island has cleared the Massachusetts House and is before the state Senate for consideration after failing in the House two years ago.
Rep. Eric Turkington, who represents the Vineyard, said this week he is heartened by the favorable vote by the House finance committee to create the fund, now before the Senate, that could create $2 million a year in affordable housing funds for the Island.
The Massachusetts house of representatives dealt a crippling blow to Vineyard affordable housing advocates last week, voting 91-64 on Thursday to defeat legislation that proposed creating a public housing bank on the Island.
The vote was especially stinging because the proposal - which would have taxed real estate transactions to fund affordable housing initiatives - was already effectively dead for the year. Even if the house had approved the bill last week, it would have been subject to a gubernatorial pocket veto with no chance for an override.
Housing Bank Legislation Languishes as Lawmakers Ready to Recess
Session
By IAN FEIN
With the state legislative session set to expire in 10 days, a
proposal to create public housing banks on Martha's Vineyard and
Nantucket appears to be effectively dead for the year.
