IHT fundraising surpasses goal - The Martha s Vineyard Times mvtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mvtimes.com Daily Mail and Mail on Sunday newspapers.
The Martha s Vineyard Times
State financing comes through for Perlman House
Now the final piece has come through, $1.2 million in anticipated financing from MassHousing for the seven-unit housing development in Vineyard Haven that includes a mix of affordable and workforce rental units.
IHT transformed the former Clark House, located at 20 Edgartown–Vineyard Haven Road, into the apartments, and named the building after the previous owners.
“With a significant need for affordable housing for year-round residents on Martha’s Vineyard, we are very pleased to be a partner in this effort to develop seven new rental homes for moderate-income families on the Island,” MassHousing executive director Chrystal Kornegay said. “We commend Island Housing Trust for its commitment to providing housing and economic opportunities on the Vineyard, and congratulate them on completing this important project.”