IHT and MV Land Bank purchase land for a conservation based affordable housing initiative

Island Housing Trust | Martha’s Vineyard Land Bank

The Island Housing Trust (IHT) and the Martha’s Vineyard Land Bank are pleased to announce a conservation based affordable housing initiative that balances the Island’s critical need for year-round workforce housing with the strategic conservation of open space.

The IHT has completed its purchase of a 14.8-acre parcel of land in Tisbury. As part of the purchase, the IHT has sold an 8.9-acre conservation easement to the Martha’s Vineyard Land Bank. The conservation easement expands existing protected lands and an ancient way in the area.

The IHT intends to develop a neighborhood of 11 thoughtfully designed, energy efficient, duplexes on the remaining portion of the property to help address the Island and Town of Tisbury’s urgent need for year-round rental housing.

Please contact Philippe Jordi, Island Housing Trust Executive Director at 508-693-1117 or James Lengyel, Martha’s Vineyard Land Bank Executive Director at 508-627-7141, for more information.

Deep Energy Retrofit Tour at IHT’s Richmond Ave Project

The Island Housing Trust (IHT) invites you to its Deep Energy Retrofit Tour at 42 Richmond Avenue in Oak Bluffs on Saturday, October 24th from 10:00 to 11:00am. Farley Pedler from Farley Built and Marc Rosenbaum from South Mountain Company will take you on a tour to show you what it takes, what it costs, and what the benefits are of deep energy retrofitting your house, and why it makes so much sense for affordability in housing.

When Lorraine and Napoleon Pinckney bequeathed their single-family house, built in 1986, to the Island Housing Trust, it was the perfect opportunity to invest in its energy affordability.  Working with South Mountain Company, Farley-Built, The Resource Inc (TRI), the Town of Oak Bluffs Community Preservation Committee, Nelson Mechanical Design, and our generous donors,  the Island Housing Trust will complete the deep

energy retrofit before selling the house with permanent affordability restrictions to an income qualified working island family for $225,000.

For directions, click here.



We’re hiring!

IHT is looking for a part-time Program Manager responsible for Stewardship of existing land and properties, organizational administration, and assistance in fund development.

For the full job description, click here.

FHLB’s Results Magazine Features Island Housing Article

The Federal Home Loan Bank of Boston (FHLB) has featured IHT in an article in their magazine Results. FHLB has provided funding for two IHT projects, the Village Court and Sepiessa II apartments. This article describes the housing crisis on the island, and two rental projects that IHT has developed as we work towards solving this crisis.

A housing profile on their website also includes a video tour of the projects and video interviews with IHT tenants.

Tiny House Booth at the MVAS Fair

Look for Kathy’s Rose’s tiny house at the MV Agricultural Fair sponsored by the Island Housing Trust. Come and take a tour anytime over the next four days. Bringing a new generation of tiny houses to Martha’s Vineyard!

Ag Fair Tiny House Sm