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IWH is excited to have completed a second project, on Cemetery Road in Stonington. The site is within walking distance of downtown and is the location of 12 units of year-round rental apartments.
These energy-efficient residences 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.
Building on the success of our first development on Sunset Crossroad in Deer Isle, Island Workforce Housing has completed 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 donated their time or money to this project.
Like Oliver’s Ridge, Thurlow’s Way is financially self-sustaining after the construction is complete. 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.
A shared septic system was designed for the neighborhood. This system includes one septic tank per building and a large, shared leach field. The system is gravity fed without the need for pumping.
The homes are served by two wells and a shared water treatment system.
These utilities are included in the monthly rent, and are backed up by a generator so that they continue to work during power outages. This generator does not otherwise power the apartments, but careful insulation and air sealing details helps to minimize heat loss during a power outage.
Beyond insulation and air sealing, each unit has an ERV for balanced ventilation. They are heated and cooled with a high efficiency Daikin mini split heat pump, and supplemental baseboard heat in the bedrooms and bathrooms.
These rentals are serving members of our local workforce who are making 80-120% of Hancock County’s Area Median Income (AMI) as defined yearly by the US Department of Housing and Urban Development and adjusted by household size.
For instance in 2026: a one-person household earning up to $81,000; a two-person household earning up to $92,640; a three-person household earning up to $104,160; or a four-person household earning up to $115,680.
Rents are income-based, and in 2026 are between $750-$1,050 per month for a one-bedroom, and $900-$1,375 for a two bedroom, depending on household size and income.
