IMAGE COURTESY OF ISLAND HOUSING TRUST

Grant supports housing study



BAR HARBOR — The Island Housing Trust has received a $10,000 grant from the Hancock County Fund of the Maine Community Foundation to commission a study to analyze the need for housing on Mount Desert Island and engage stakeholders and the public about solutions for the housing problem.

“We know that housing on MDI is no longer attainable for a disproportionate number of people who work and want to live on MDI,” said Executive Director Alison Beane.

“We look forward to study results that will provide more specific data and recommendations for working together as a community to alleviate the problem. We are grateful for the support of the Maine Community Foundation in this effort.”

Founded in 1989 as the Mount Desert Development Trust, the organization became Island Housing Trust in 2004 to reflect its interest in the workforce housing issue in all four MDI communities. Island Housing has completed 36 homeownership projects, including nine new energy-efficient houses in the Ripples Hill development in Somesville, 15 Homeownership Assistance Program projects (five in Bar Harbor, one in Northeast Harbor, one in Somesville, four in Southwest Harbor and four in Tremont), four houses in the Sabah Woods development in Bar Harbor, and six resales of residential properties that carry Island Housing Trust’s affordability covenants. A total of 30 houses will remain affordable in perpetuity under IHT covenants.

 

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