2019

Edgartown and Oak Bluffs voters defeated the controversial housing bank question Tuesday night, while in West Tisbury the question won approval. Tisbury voters take up the question tonight.

As voters in four towns prepare to weigh in next week on a wide range of issues at annual town meetings, one issue has dominated Island discourse: the proposal to create a housing bank.

In 2004, recognizing the need for the creation of year-round housing across the Island, the majority of voters in all Island towns voted to petition the state legislature to create an Islandwide housing bank and fund it with a steady, dependable source of new revenue.

Edgartown selectmen reacted sharply after learning that state Sen. Julian Cyr and Rep. Dylan Fernandes had filed legislation to establish a housing bank three months ago.

Question, concerns and support were all expressed at a housing bank forum held to discuss the details of two warrant articles coming to town meeting floor this season.

Edgartown selectmen sent a letter to state Rep. Dylan Fernandes and Sen. Julian Cyr voicing strong opposition to the establishment of a housing bank using funds from the short-term rental tax.

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