Housing Nantucket 7 Dooley Court Project

At a glance

  • What: MOU and grant agreement with Housing Nantucket for acquisition of 7 Dooley Court and development of three attainable single-family homes.
  • Status: Approved October 7, 2026 (unanimous).
  • Homes: Three attainable single-family homes for sale to eligible households; one unit has municipal preference.

Project Details

  • Property: 7 Dooley Court
  • Developer: Housing Nantucket
  • Development: Three attainable single-family homes for sale to eligible households
  • Municipal Preference: One unit has municipal preference
  • Town Involvement: Grant funding from Affordable Housing Trust Fund
  • Mortgage and perpetual Affordable Housing Restriction to be placed on property
  • No soft costs approved from the Town (Housing Nantucket to assume those)

Decision (October 7, 2026)

Brooke Mohr moved approval and execution of:

  1. MOU between Town of Nantucket Affordable Housing Trust Fund and Housing Nantucket
  2. Grant agreement for acquisition and development
  3. Mortgage and affordable housing restriction on property
  4. Authorization for Select Board Chair or designee to execute related documents pending non-substantive language changes

Matt Fee seconded; all five members voted yes (unanimous).

Sources

Log

2026-11-04 - Select Board

Affordable Housing Trust update: Housing Nantucket closed on the property in October, and the mortgage and affordable housing restriction have been recorded; construction of the two units is next.

2026-10-07 - Select Board

Housing Nantucket MOU and grant agreement for 7 Dooley Court approved unanimously; three attainable homes to be developed.