Demand for Covenant homes is at an all-time high given the current market pressures. At the 2002 Annual Town Meeting there were two significant changes regarding tertiary, or third, dwelling units. The first is that voters approved and increase in square footage from 650 s.f. up to 900 s.f. of gross floor area (not ground coverage) for a tertiary unit. The second, which should have far- reaching impacts for local people, was that voters approved the right to have two Covenant lots PLUS a market rate lot in certain zoning districts. This will allow large lots (R-40, LUG-1, LUG-2, and LUG-3) to subdivide into two Covenant lots and one market rate lot. The addition of a tertiary lot provision to the Bylaw will provide another opportunity for the creation of Nantucket Housing Needs Covenant lots, without adding additional density or ground cover. The Planning Board felt it important to introduce this concept in districts with larger lot sizes where there is ample room for parking. The secondary lot provision of the Bylaw has been successful in creating year-round income restricted dwelling units and this proposal will provide another option. These bylaw changes still need to be approved by the Attorney General but could be available as soon as late summer.