Where We Are:

There are currently twelve houses managed by IAP: six houses owned by residents on IAP-owned land, and six are rental properties. Two additional fully owned houses were built or renovated by IAP on land donated or purchased at a low cost. Here are some examples...

Our Properties...

Where We're Going: New Reeby Road Residences

Preparations are now underway for two new residences off of Reeby Road on the Islesboro. We already have loan approvals for the construction and a vendor to supply the actual housing. Site clearing has begun, with an expected construction date beginning in late summer of 2024.

Looking to the Future: Short Term

Preparations are now underway for two new residences off of Reeby Road on the Islesboro. We already have loan approvals for the construction and a vendor to supply the actual housing. Site clearing has begun, with an expected construction date beginning in late summer of 2024.

Looking to the Future: Long Term

Going forward, we are on the lookout for two critical elements that will allow us to continue to build additional rental units: government funding as partial support and acquisition of other parcels of land zoned for such housing. New zoning regulations to add an up-island center permitting higher density building are currently under consideration by the Town. Utilization of a repeated building plan would be an economical way to achieve this, leading to staged construction of several clustered multiplex units around a shared open area to generate an attractive community.