West Tisbury Affordable Housing Committee Minutes March 24 2026
Town Weighs Placemate Lease to Locals Agreement
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Description
West Tisbury is considering a one-year agreement with Placemate to administer a Lease to Locals housing program, contingent on Town Meeting approval of a $150,000 warrant article. The arrangement would pay Placemate $30,000 in administrative fees and authorize up to $120,000 in rental incentives for qualifying landlords.
Contract Details
Contract Amount
$30,000 administrative fee plus $120,000 in rental incentives (total program authorization of $150,000 requested in warrant article)
Vendor
PLACEMATE
Agency
Town of West Tisbury, MA
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 24, 2026
Contract Term
First year of Lease to Locals program
Renewal Info
Program described as an initial one-year trial that could be expanded or extended in future years if successful; no automatic renewal terms specified.
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