Affordable Housing

MESHACKET COMMONS - EDGARTOWN, MARTHA'S VINEYARD

Total Development Cost: $25 million
Total Units: 36 rental, 4 homeownership
Anticipated Completion: Summer 2025

 

Affirmative Investments, in partnership with Island Housing Trust, have been selected by the Town of Edgartown to construct 40 affordable and community housing units on property off Meshacket Road. The proposed neighborhood will consist of 36 units of affordable rental housing and 4 units of affordable, owned housing. The Meshacket neighborhood has been in the works for more than a decade and will aim to serve residents with incomes between 30% and 100% of Dukes County area median income (AMI) for rentals and between 90% and 120% AMI for the homeownership townhouses. In addition to housing, the site design proposes a pedestrian and bike-friendly neighborhood with a community building that has communal indoor space and a property management office. Other amenities include outdoor play areas, passive recreational spaces, and paths that connect to the Old Meshacket Road ancient way. The site plan respects the site’s natural surroundings by protecting open spaces and maintains as much of the existing vegetation as possible.

Learn more about Meshacket Commons here!

SUMMER STREET CONDOMINIUMS- MANCHESTER, MA

Total Development Cost: $7.3 million

Total Units: 21

Opened: 2004