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 has unveiled an ambitious plan to create 100 new affordable housing units on the Vineyard by the end of 2020.
Six Island residents were settling into new homes this week as the Island Housing Trust celebrated the opening of a new six-unit affordable housing apartment complex in downtown Vineyard Haven.
Island Housing Trust founding director Philippe Jordi has graduated from the NeighborWorks Achieving Excellence Program.
The Island Housing Trust and Martha’s Vineyard Land Bank paid $1.2 million for the property off State Road in Vineyard Haven, with a plan to build rental housing on part of the land and leave the remainder in conservation.
The Island Housing Trust annual meeting and forum Saturday focused heavily on the need for decent rental housing. “We have a crisis right now,” said Lisa McGuire, a business owner.
In an announcement made by Gov. Deval Patrick and the Department of Housing and Community Development, the Island Housing Trust and 43 other community development organizations were awarded more than $5 million in state community investment tax credits.
