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Nantucket Land Bank says it is a county public agency and outlines collaboration tools for housing
Summary
Rachel Freeman, executive director of the Nantucket Land Bank, told the Trust the Land Bank is a publicly funded county entity (funded by a transfer fee) with ~3,500 acres and staff capacity; she outlined possible collaborations including conservation restrictions, transfer‑fee administration and subsidized reuse or relocation of existing housing to support year‑round housing.
Rachel Freeman, executive director of the Nantucket Land Bank, briefed the Affordable Housing Trust on Dec. 2 about the Land Bank’s structure, capacity and potential collaboration opportunities with housing partners.
Freeman emphasized that the Land Bank is a public county entity (overseen within state executive structures) funded primarily through a real‑estate transfer fee rather than a property…
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