Nantucket housing program secures renewals while planning in-house administration

The Affordable Housing Trust Open Session held on July 1, 2025, in Nantucket County, Massachusetts, spotlighted a pivotal discussion on renewing leases for year-round housing. The meeting underscored the urgency of addressing housing needs as several leases are set to expire this fall.

Key participants emphasized the importance of offering lease renewals to ensure families can secure stable housing. A proposal was made to survey current tenants about their willingness to renew leases, with the aim of transitioning short-term rentals into long-term housing solutions. This initiative is seen as a cost-effective strategy, with investments described as "pennies on the dollar" compared to traditional housing programs.

Megan, a board member, highlighted the program's potential impact, stating that it could help dozens of families find year-round housing. She praised the collaborative efforts of local organizations, including Housing Nantucket and Lease to Locals, for their role in facilitating these housing opportunities.

The meeting also discussed the possibility of extending funding for the current grant through December, which would allow for additional lease renewals and support for approximately 20 properties. The board agreed that a survey should be conducted before making final decisions on renewal percentages, ensuring that the program remains responsive to community needs.

As the session concluded, there was a strong consensus on the necessity of bringing the housing program in-house, which would streamline operations and enhance the effectiveness of future funding initiatives. The board is poised to take decisive action in the coming months, aiming to bolster year-round housing availability for Nantucket residents.