Martha’s Vineyard is in the midst of a housing crisis, impacting not only the people and families who are struggling to afford to live here, but also all of us who are part of the Vineyard economy and who value the diversity and character of our island.

The short-term Make It Happen Fund and long-term MV Future Financing engage socially responsible community members and foundations in the Island Housing Trust’s mission of creating housing affordability so that our island communities can thrive. Both of these low interest, social impact loans help IHT reduce the cost of development and management capital.

Please contact Joanna McCarthy, Chief Advancement Officer, at and 508.693.1117 x7  for more information.


In partnership with the Martha’s Vineyard Bank, IHT launched a Social Impact Investment fund called MV Future Financing in order to provide permanent financing for rental housing for income qualified hospital employees at The Hanover House. IHT repurposed the historic Hanover House Inn as year-round affordable rental apartments in Vineyard Haven. In 2019, four private investors along with MassHousing and MV Bank invested $1.8 million into the MV Future Financing’s first 10-year participation loan, which is providing below-market rate permanent financing for workforce housing at the Hanover House.

Housing directly affects the Island’s employers, including Martha’s Vineyard Hospital, one of the Island’s largest non-profit employers and our only primary care provider. MV Hospital struggles to attract and retain qualified employees to service our community’s health care needs. Click here for a short film featuring MV Hospital CEO Denise Schepici sharing the story of the Hanover House’s impact on employee retention.

Please click on the link for a summary of an example of the MV Future Financing participation loan opportunity and FAQs. MVFF Loan-Participation-General-Package.

If you or your foundation are interested in investing in the future of Martha’s Vineyard, please contact Chief Advancement Officer Joanna McCarthy at




The Make It Happen Fund is a short-term community investment opportunity which provides IHT with the ready capital we need to compete in the robust Martha’s Vineyard real estate market. When suitable properties become available, having ready capital allows us to act quickly to secure them from the existing housing inventory.