September
11
2013
VINEYARD HAVEN --- The Island Housing Trust (IHT) has signed a purchase and sale agreement with Ronald and Margaret Jackson to purchase a six-unit apartment building, one of four in the Village Court complex on State Road in Vineyard Haven. IHIT has until the end of the year to finance the $600,000 acquisition. IHT Executive Director Phillippe Jordi said additional funds - possibly from the Community Preservation Act - will be used to renovate the units and he expects the one-bedroom units will rent for $700 a month and the two-bedroom units for $840 to qualified low-income working Island families and individuals.
