Block Island Housing Board secures approval for $2M affordable housing project

The Financial Town Meeting held on May 5, 2025, in New Shoreham, Rhode Island, focused primarily on a proposed housing project aimed at addressing the community's affordable housing needs. The meeting began with procedural discussions regarding the voting process, emphasizing the importance of ensuring that all votes were accurately recorded.

Stacy Henshaw, a long-time resident and teacher, spoke passionately in support of the housing initiative, sharing her personal journey of securing affordable housing on the island. She highlighted the need for more residents to have similar opportunities, emphasizing that everyone deserves a place to call home. Henshaw's sentiments were echoed by several other community members, including Julie Nataldesia, who praised the town's efforts in creating affordable housing options and noted the importance of maintaining a diverse community.

Martin McGuire, chair of the housing board, provided an overview of the project, which has been in development for over three years. He assured attendees that the design of the housing units would cater to a wide range of potential residents, including singles, couples, and families. McGuire also addressed concerns regarding eligibility for the housing, stating that the intent is to prioritize year-round residents of Block Island.

Community members expressed their support for the project, citing the critical need for affordable housing to sustain local services and maintain the island's community fabric. Concerns were raised about the implications of not meeting state housing requirements, with discussions highlighting the potential legal and financial consequences.

The meeting culminated in a vote on a motion to authorize the town treasurer to issue up to $2 million in bonds to finance the housing project. The motion passed with significant support, receiving 138 votes in favor and 20 against, indicating a strong community backing for the initiative.

Overall, the meeting underscored the community's commitment to addressing housing challenges and fostering a sustainable environment for current and future residents. The successful vote marks a significant step toward enhancing affordable housing options on Block Island.