About Us
Housing Nantucket, formerly the Nantucket Housing Office, was founded in 1994 by community members seeking to stem the tide of Nantucketers leaving the island. Growing on a foundation of providing rental housing, we have expanded to include homeownership services and community education.
While we do buisness under the name Housing Nantucket, our formal name is NHA Properties Inc.
Affordable Housing on Nantucket
Affordable housing is typically made available to families making less than 100% of Area Median Income (as set by Housing and Urban Development). Housing becomes unaffordable to families when they have to spend over 30% of their monthly income. Nantucket's Area Median Income for 2009 is $88,900 for a family of four. Examples of families and residents of Housing Nantucket's dwellings include:
Affordable housing is important to the community because it ensures healthy families, supported children, and reduced stress levels. Housing Nantucket strives to create places where families can break cycles of poverty - and can afford the basic necessities such as food, clothing, and medical care.
Funding
Funding for Housing Nantucket is from fees associated with programs and services, the Community Preservation Committee, private and public granting sources - such as the Massachusetts Housing Partnership, Bank of America Foundation and the Tupancy Harris Foundation of 1984, and donations by local residents. If you are interested in donating houses, materials, or funds, please contact our office to discuss how we can work together. More information can be found by clicking here.
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