Members of the Community Housing Board (CHB) have been doing their homework, identifying possible sites for affordable — or community — housing, although they haven’t targeted any specific site for possible development.
Member Abby Dress released statistics at the May 31 meeting at Town Hall she’d received from town assessors showing there are 2,447 residences on the Island. The average value of those single family houses on Shelter Island is $1.4 million, Ms. Dress said. The median value is $930,000. (more…)