May
16
2015
NANTUCKET --- A new study commissioned by the nonprofit Housing Nantucket found that homeownership is out of reach for 90 percent of the Island's year-round residents. The study, done by RKG Associates, suggested several approaches the Island could take to tackling its workforce housing problem, including developing rental housing on town-owned land, seeking special legislation to establish a housing bank and committing all Community Preservation Act funding to housing, except for statutory set-asides for open space and historic preservation.