As voters in four towns prepare to weigh in next week on a wide range of issues at annual town meetings, one issue has dominated Island discourse: the proposal to create a housing bank.
In 2004, recognizing the need for the creation of year-round housing across the Island, the majority of voters in all Island towns voted to petition the state legislature to create an Islandwide housing bank and fund it with a steady, dependable source of new revenue.
Edgartown selectmen reacted sharply after learning that state Sen. Julian Cyr and Rep. Dylan Fernandes had filed legislation to establish a housing bank three months ago.
Question, concerns and support were all expressed at a housing bank forum held to discuss the details of two warrant articles coming to town meeting floor this season.
Edgartown selectmen sent a letter to state Rep. Dylan Fernandes and Sen. Julian Cyr voicing strong opposition to the establishment of a housing bank using funds from the short-term rental tax.
An ad hoc citizen group has assembled to develop an action plan for the growing housing crisis on the Vineyard. The first step comes at town elections beginning next week, when voters will be asked to weigh in.
Martha's Vineyard may have an affordable housing crisis on its hands, but it also has the community support and political will to address the issue.
And if the Island's many grassroots housing organizations cooperate in their present efforts and continue to experiment with new ones, the crisis in the long run could change the Vineyard for the better.
Market forces continue to outpace efforts on the Vineyard to create
affordable rental and permanent housing.
Further, housing advocates say that while some people who could not
find housing in 2001 may have left the Vineyard, those who stayed likely
have watched the gap widen between the wages they earn and the houses
they hope to buy.
Community Preservation Comes Before Taxpayers at Annual Town Meeting
By JAMES KINSELLA Gazette Senior Writer
Abbe Burt looks at initiatives such as the Community Preservation
Act and the Community Housing Bank, and sees important ways of
addressing the Vineyard's lack of affordable housing.
Richard Combra, an Oak Bluffs selectman, looks at the same
initiatives and sees another tax on Island residents.
