(August 22, 2024) After a successful pilot program last year, Lease to Locals is returning this fall as a public-private partnership with Housing Nantucket at the helm.

The Town of Nantucket’s Affordable Housing Trust has awarded Lease to Locals a $450,000 public grant, with an additional $100,000 generously contributed by Remain. This brings our total to $550,000, which will be used to incentivize homeowners to convert existing units into year-round rentals for local workers.

We are now seeking additional funds to expand the program and help more families secure housing! Support our Island and its community by making a tax-deductible gift today.

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More about Lease to Locals

Launched by ACK•Now Community Initives in September 2023 to address the critical shortage of year-round housing for the local community, Lease to Locals successfully created 22 year-round rentals for 54 island workers and their families. Local institutions like the hospital, schools, and businesses struggle to meet their staffing needs due to this severe housing shortage.

The Lease to Locals program plays a crucial role in alleviating this issue by offering financial incentives to property owners to convert their units into year-round rentals for local employees. While Nantucket Cottage Hospital (9 employees) and Nantucket Public Schools (3 employees) have benefited significantly, the program has also supported 24 employers across various sectors in securing essential year-round housing for their staff. Your support is vital in continuing this important work.

Interested in participating as a homeowner or renter? Click HERE.

Cover photo by Carey Hazelgrove