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Lease to Locals Year Three Funding with Placemate

Town of Nantucket
Disclosed value
$550,000
From agendapacket
Document date
Aug 4, 2026
Renews
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The 30-second brief

What it covers

The Town of Nantucket’s Affordable Housing Trust and Select Board have funded Year Three of the Lease to Locals program with $550,000, administered by Placemate to incentivize property owners to lease to local residents. As of August 2026, Placemate reported allocations to several property cohorts with nearly $449,000 in incentives still available.

Who holds it

PLACEMATE holds this contract with Town of Nantucket. Its other public contracts on record include work for Nantucket Public Schools MA and Town of Mammoth Lakes.

What happens next

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Contract details

Amount
$550,000
Document date
August 4, 2026
Term
Year Three of Lease to Locals Program (Jan 2026 to Dec 2026)
Renews
On record
Vendor
PLACEMATE
Agency
Town of Nantucket
Source document
Town of Nantucket Affordable Housing Trust Agenda Packet 2026-08-04 (AgendaPacket)

PLACEMATE's other public contracts

Nantucket Public Schools MA, MassachusettsPlacemate Supports Rooted Renters Applicant Qualification · Oct 20, 2026UndisclosedTown of Mammoth Lakes, CaliforniaPlacemate Seeks $150,000 for Lease to Locals Program · Oct 19, 2026$150kTown of Narragansett, Rhode IslandNarragansett Council to Interview Placemate on Rental Program · Oct 8, 2026UndisclosedNantucket County, MassachusettsTrust Continues Placemate Lease to Locals Planning · Oct 6, 2026UndisclosedTown of Narragansett, Rhode IslandPlaceMate Identified in Lease to Locals RFP · Aug 25, 2026UndisclosedAll PLACEMATE contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Town of Nantucket?

PLACEMATE was awarded this government contract by Town of Nantucket, as recorded on August 4, 2026. The contract value is $550,000.

How much is the PLACEMATE contract with Town of Nantucket worth?

The PLACEMATE contract with Town of Nantucket is valued at $550,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Nantucket Affordable Housing Trust Agenda Packet 2026-08-04 (AgendaPacket), dated August 4, 2026 from Town of Nantucket. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PLACEMATE hold?

PLACEMATE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Nantucket currently buying?

Explore Town of Nantucket's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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