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Nantucket Trusts and nonprofit outline projects, $2M deed-restriction pilot and development pipeline

Advisory Committee of Nonvoting Taxpayers of Nantucket · November 18, 2025
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Summary

Town and Affordable Housing Trust leaders described a portfolio of upcoming projects (Orange Street, Vesper Lane, Bartlett, Tacoma Green, New Downtown) and a $2 million pilot to buy perpetual year-round deed restrictions to keep residents in place.

Town housing staff and nonprofit partners gave the advisory committee an overview of ongoing and planned efforts to preserve and create year-round housing and to stabilize the island's workforce.

Dylan Mechampl, deputy housing director, described the Affordable Housing Trust's role: a seven-member board that legally enables the town to use public funds for affordable housing and reviews projects. He said the Trust's recent funding streams include a $6.5 million town budget override approved at annual town meeting and $5 million from Community Preservation Act (CPA) funds.

Mechampl and Bridal "Sully" Sullivan, Trust chair and cofounder/principal broker at Fisher Real Estate, reviewed recent projects and award mechanisms. Highlights included Wiggles Way (22 mixed-income rentals…

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