Getting started on Meshacket Commons affordable housing development.
Ray Ewing

Meshacket Commons Housing Development Breaks Ground

Silver and green shovels struck the ground Thursday marking the beginning of construction for Meshacket Commons, an affordable housing complex off Meshacket Road in Edgartown.

Silver and green shovels struck the ground Thursday marking the beginning of construction for Meshacket Commons, an affordable housing complex off Meshacket Road in Edgartown.

The development will include 36 rentals units and 4 ownership homes, and have the capacity to house 100 Island residents.

“This could not have come any sooner,” said Philippe Jordi, CEO of Island Housing Trust. “We’re seeing the negative impacts of the housing crisis on our Island community and economy. Today, more than ever, more and more of our essential workers have no place to live and are forced to commute from off Island.”

Philippe Jordi, executive director of Island Housing Trust.
Ray Ewing
Philippe Jordi, executive director of Island Housing Trust.
Ray Ewing

The project has been in the works for over a decade and is scheduled to be ready for occupancy in early 2026. Island Housing Trust, in partnership with Affirmative Investments, was selected to lead the construction.

The development will house residents with incomes between 30 to 100 per cent of the Dukes County area median income for rentals and between 90 to 120 per cent for home ownership.

Mr. Jordi reported that over $22 million was provided by state and federal tax credits and state bond funding. Edgartown contributed $1.48 million for the project.

Mr. Jordi said that last spring Rockland Trust and Stratford Capital Group closed on a total of $17 million in tax credits and $20 million in construction financing for the development.

Mark Hess, the Edgartown affordable housing committee chair, commended the town for its persistence in seeing the project through.

Mark Hess, affordable housing committee chair for Edgartown.
Ray Ewing
Mark Hess, affordable housing committee chair for Edgartown.
Ray Ewing

“In the past two or three years, so many solid advancements have been made in design efforts, in terms of energy efficiencies and practical building and materials, that this has really come at a good time,” Mr. Hess said.

The homes are being designed by Union Studio and will be built behind a thicket of trees along the Meshacket roadside. The neighborhood will have a community building with mail kiosks and management offices, a trash collection and storage area, solar panels and an electric vehicle charging station.

Newly-elected state representative Thomas Moakley attended the groundbreaking. He said he is proud that Meshacket Commons will be an example of the community’s resilience.

“Affordable housing is up there with climate change as the most critical issue facing our community,” Mr. Moakley said. “This project takes both of those things into mind and also represents the collaborative spirit in which we need to tackle these issues… Hopefully with future projects we will be able to make it happen a little quicker.”

 

Comments

Submitted by Anonymous (not verified) on Sat, 11/16/2024 - 17:31

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Michael edgartown

what? I know that there are endangered moths living there.....why why why did you do this to them? aweful

Submitted by Anonymous (not verified) on Sun, 11/17/2024 - 21:51

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Johanna H

This project stripped acres and acres of forest and priority habitat. Yes affordable housing is needed and important but to say climate change was top of mind here is a joke

Submitted by Anonymous (not verified) on Mon, 11/18/2024 - 12:45

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Michael edgartown

private builders are always rejected, due to dozens of regulations etc. etc, etc. but when it come to "affordable housing". nothing to see here. build it.....it is soooo obvious

Submitted by Anonymous (not verified) on Mon, 11/18/2024 - 14:23

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Bob Edgartown

Mark Hess has been a great forward thinker in the town and we are lucky to have had him steer this project to the starting gate. Thanks to all

Mark Hess Edgartown

Thanks Bob, but I will defer to the many, many others that have put great effort into this project over an extended period. They were responsible for carefully steering this project and for having all of the correct solutions to all of the pertinent issues that arose.

Submitted by Anonymous (not verified) on Tue, 12/10/2024 - 18:43

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Liz Former MV resident

Congratulations to IHT and the town of Edgartown for such an incredible accomplishment. Forty households will have a secure and stable (and affordable) roof over their heads within a years' time and that's no small feat, especially with all of the restrictions building on an Island brings. This is a carefully thought out and beautifully designed project that I can't wait to see actualized.

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