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.

The year 2010 was one of significant chal lenges and accomplishments for the Island Housing Trust. The accomplishments include the successful completion of 12 green affordable homes, and the reassessment and development of governance practices and a strategic business plan. The challenges include clarifying the trust’s value to the community and its role in relation to other housing organizations.