Applications are available for move-in dates starting June 1!
Click here to learn more and apply
- - -
IWH is excited to be almost finished with a second project on Cemetery Road. The site is within walking distance of downtown Stonington and is the location of 12 units of year-round rental apartments.
These energy-efficient residences will serve members of our community employed in all sectors of island trades and businesses, and will be a stepping stone for island workers, providing them with an affordable and steady year-round rental.
The purchase of the property was made possible by Island Workforce Housing's new Acquisition Fund, initiated by a generous gift from Michele Janin and Tom Linebarger.
We have a great team for the project: General Contractor Rich Marshall Carpentry; Sitework Adams Landscaping; concrete by Oliver Cousins Foundations and Jake Gaspar of Island Forms; plumbing by Percy L. Brown and Son; electrical by Affordable Electric; modular home builder KBS Builders; architect John Gordon; landscape architect Sam Coplon; surveyor Due North; and many more great local/regional partners.
Tenants will begin moving in on June 1!
Building on the success of our first development on Sunset Crossroad in Deer Isle, Island Workforce Housing is closing out a $2.4 million dollar Capital Campaign for Thurlow’s Ridge.
There are no state or federal funding resources available for rental housing serving middle-income households. Island Workforce Housing relies entirely on the generosity of private donors, town voters (through third party funding requests), and local businesses. We appreciate everyone who helped us with this campaign! Our final fundraising efforts are going towards landscaping and plantings.
Like Oliver’s Ridge, Thurlow’s Way will be financially self-sustaining after the development is built. This means that the costs of property management, maintenance, debt service on the mortgage, and savings for future repairs are all covered by rental income.
If you would like to help us complete the Capital Campaign for this project, please reach out to Lesley Lichko, Office Administrator: admin@islandworkforcehousing.org
IWH is a 501(c)3 non-profit and all donations are tax-deductible.
