Commentary

 

 

 
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.
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The Edgartown board of selectmen have joined the Tisbury and Oak Bluffs selectmen in opposing the proposed plan by the Martha’s Vineyard Housing Bank Campaign to allocate fifty per cent of the town’s preexisting and future revenue derived from the Local Option Room Occupancy Tax, to a new regionally created bureaucracy.
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