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Nantucket discussion spotlights funding options: philanthropy, transfer fees and Land Bank role
Summary
Workshop participants said Nantucket can leverage private philanthropy, the Land Bank and alternative fees to fund priorities such as housing and coastal resilience, and debated the need for clearer coordination between independent funding entities and town government.
NANTUCKET, Mass. — Funding and sources of revenue were central at a master‑plan visioning workshop, where participants said private philanthropy, existing Land Bank mechanisms and new fees could be used to advance community priorities but that coordination and legal limits matter.
“ The land bank is bound by this charter, which precludes them from doing certain things to help with ... low income families, etcetera, ” said Jesse (participant and…
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