Current Projects

for sale: 22 Farnhams Way, Somesville

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22 Farnhams Way is one of nine-energy efficient houses in the Ripples Hill neighborhood in Somesville. Built in 2010, this sun-filled house has 3 bedrooms (1 on the first floor), a spacious kitchen with peninsula and pantry, 2 baths (one with walk-in shower), an open plan living area, and a laundry room with washer and dryer. The home also includes a covered front porch, a back porch with storage area, a 4-foot basement, and a generator.

IHT is offering 22 Farnhams for sale at $260,941, with affordability covenants to an eligible buyer. We are accepting applications to purchase through July 15, 2019.  Find out more at 244-8011 or islandhousingtrust.org/.

How to Apply

  1. Read the flyer about 22 Farnhams Way

  2. Check the Eligibility Requirements

  3. Read the Affordability Covenants

  4. Information and application for How to Apply


UNDER CONTRACT: 112 Beech Hill Road

This project began with a generous summer resident willing to donate, and move, a small house on condition that it be occupied by a year-round resident employed on MDI. Next, Mount Desert residents voted at their Town Meeting to donate a small parcel on Beech Hill Road. Todd Stanley of Downeast Home Design contributed the design with which Gott & Sons built the foundation (left); Peacock Builders donated a portion of their labor cost for carpentry work; Roger St. Armand of Atlantic Resource Co. facilitated a donation of an EnrivoFin septic system from Maine Septic and Plumbing; Linda Higgins contributed real estate expertise; and Mike Tadenev at Eaton Peabody provided free legal services. IHT is grateful to the donors of the house and the many local partners and advisors who helped make this new affordable, year-round home available.  Watch the big move below.


 

Jones Marsh

Island Housing Trust (IHT) and Maine Coast Heritage Trust (MCHT) formally entered into their second partnership this past spring. IHT and MCHT previously collaborated on a project to permanently protect the public canoe and kayak access to Northeast Creek and ensure the affordability of an adjacent single family home in Bar Harbor. Now, with the purchase of a 60-acre parcel of land adjacent to Jones Marsh on Route 3, the organizations have another opportunity to work together to forward both their missions. 

“To have an organization on the island, and such a credible one, step up and take initiative to collaborate is such a positive thing,” said IHT Board President Ted Koffman. “We really want to thank them for working with us to meet a critical community need.”
Read more in the Mount Desert Islander. 

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SOLD: 13 Sylvan Road

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Island Housing Trust purchased this 1889 home in Northeast Harbor in 2017, a new venture for IHT and a beautiful new opportunity for affordable homeownership in an iconic village neighborhood.  The first renovation project of its kind for IHT, this three-bedroom house has been completely remodeled and awaits a year-round household to call it home.