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Staff report: lease‑to‑locals funds, Tacoma Green construction and seasonal grant applications

Nantucket Affordable Housing Trust · January 26, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Housing staff told the Trust lease‑to‑locals funds are nearly fully expended, Tacoma Green construction has begun, and the town applied for a $175,000 Seasonal Communities grant to support trust technical assistance, due diligence, and renovation work.

At the Trust’s Jan. 20 meeting, staff provided routine program and project updates. Dylan reported the lease‑to‑locals program has expended about 98.38% of allocated funds and noted the Select Board approved a $550,000 request to support the program. He said construction at the Tacoma Green project is underway and expected to take about 18 months to complete.

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