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.
The Island Housing Trust was awarded $3.8 million in financing from MassHousing this week, nearly closing the gap needed to complete the affordable and workforce rental project in Tisbury known as Kuehn’s Way.
The Martha’s Vineyard Land Bank has signed an agreement to buy and conserve seven acres of farmland as part of a larger, proposed 35-acre subdivision in West Tisbury that would include affordable and market-rate housing developments.
Journalist Michele Norris and Island Housing Trust executive director Philippe Jordi led the conversation at the organization’s kickoff summer fundraiser earlier this week.
The former firehouse off Old Courthouse Road in West Tisbury will come down to make way for affordable apartments.
The Island Housing Trust has announced four new board members and two recent hires.
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.
