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.
A lengthy public hearing process came to an end Friday morning, clearing the way for the Island Housing Trust to build a six-unit apartment building on Water street in Vineyard Haven. Lack of on-site parking was a sticking point.
The Vineyard has led the way when it comes to taking a regional approach on Community Preservation Act spending. That was the message from Stuart Saginor, executive director of the Community Preservation Coalition, when officials and residents gathered in Oak Bluffs on Tuesday to brainstorm ways for the six Island towns to more effectively share state funding for capital projects.
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.