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The Affordable Housing Trust unanimously approved a $2,000,000 purchase and sale agreement for 158 Madaket Road, with closing scheduled for March 9, 2026. The completed project is expected to provide three homeownership units with eight bedrooms in total, funded through a 2024 Town Meeting authorization.
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The Trust authorized the purchase of 158 Madaket Road for $2 million. The property is planned to serve the “missing middle,” meaning households whose incomes may not qualify for traditional subsidized housing but who still have difficulty affording local homes. The project is expected to create three ownership units and eight bedrooms overall.
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