During a recent government meeting, board members discussed critical issues surrounding affordable housing on Nantucket, emphasizing the urgent need for year-round housing solutions. Art raised concerns about a proposal lacking detailed planning, suggesting that the Trust should withhold support until more concrete information is available. He highlighted the potential unfairness to the local community if the proposal were to proceed without thorough consideration.
Beth Ann, a commissioner with the Nantucket Housing Authority, expressed her enthusiasm for the Affordable Housing Trust Fund's interest in a specific vacant lot, which she believes could serve as a vital site for affordable housing. She pointed out that this project represents a rare opportunity for year-round homeownership on the island, as existing options are limited and often not designated for permanent residents. Beth Ann urged the community to rally behind the initiative, stressing the importance of creating permanently affordable housing for year-round residents.
The meeting also covered the approval of a purchase and sale agreement for a two-bedroom condo at 8 C 30 Acres, priced at $900,000. The unit is intended to be deed-restricted and resold to qualified buyers, furthering the Trust's mission to enhance affordable housing availability. The board unanimously voted in favor of the agreement, with one member abstaining due to a lack of participation in earlier discussions.
As the meeting concluded, board members acknowledged the need for ongoing updates and further exploration of housing options, particularly regarding ownership structures and development viability without sewer access. The discussions underscored the community's commitment to addressing the pressing housing crisis on Nantucket.