Nantucket’s Year-Round Deed Restriction Pilot Program: What Homeowners Should Know
To help preserve housing for full-time residents, the Town of Nantucket has launched a Year-Round Deed Restriction Pilot Program through its Affordable Housing Trust. The goal is simple: keep more homes available for people who live and work on the island year-round.
Why This Program Matters
Like many seasonal communities, Nantucket faces ongoing housing challenges as homes are increasingly used as second residences or short-term rentals. This pilot program is designed to help protect housing for people who live and work on the island year-round, supporting the local workforce, schools, and overall community stability.
What Is the Program?
Participants agree to restrict their property so it can only be used as a year-round residence and cannot be rented seasonally or short-term. In return, the Town provides a one-time financial payment that reflects the reduced market value created by the restriction.
The deed restriction stays with the property permanently, ensuring long-term housing availability for Nantucket residents.
Who Can Apply?
Eligible participants may include:
• Current homeowners
• Prospective homebuyers
• Owners of existing year-round rental properties
Applicants must meet year-round residency requirements and household income limits (up to a set percentage of Area Median Income).
What Does a Deed Restriction Mean?
A deed restriction is recorded on the property and remains in place permanently. It limits how the home can be used, rented, or sold, ensuring it continues to serve the year-round community over time.
Important Dates
The Town has reissued the RFP, with an application deadline of January 28, 2026, and award notifications expected by February 27, 2026.
How to apply?
Submit your application and review full details, including eligibility, required documents, and timeline, here.
Final Takeaway
The Year-Round Deed Restriction Pilot Program is a proactive step toward addressing Nantucket’s housing challenges. For homeowners and buyers committed to the island, it offers a meaningful way to contribute to the community while receiving financial support.
For more Nantucket stories visit our blog at Fisher Real Estate.