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The Affordable Housing Trust approved up to $15,000 in closing-cost assistance for each of two home purchases: 10 Evergreen Way and 7B Waitt Drive. It also approved a FY2027 Community Preservation Committee grant agreement and authorized acceptance of the deed and closing documents for 158 Madaket Road.
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Two buyers will be eligible for up to $15,000 each to help complete their home purchases, with any unused funds returned to the Trust after closing. The Trust also reported that Nantucket received a $175,000 Seasonal Communities Grant to support affordable housing work, including home renovations and site preparation. In the year-round deed restriction pilot, one application from each of the first two rounds is moving forward, while another Round II application lacked required materials.
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