News

FITCHBURG --- The power of local support, private and public financing, and a developer with an outstanding record of breathing new life into old mills was on full display recently as state and local leaders gathered for the grand opening of Fitchburg Yarn Works, a 96-unit mixed-income apartment building along the Nashua River near downtown Fitchburg.

MHP used its loan products in Fiscal Year 2017 to provide low-cost financing to Springfield property owners to help them ensure affordability and neighborhood stability for years to come.

​HANOVER --- One week after unveiling a report that outlined why more housing is needed to spark South Shore economic growth, South Shore Chamber of Commerce CEO Peter Forman hit the road to explain his organization's reasoning to public officials, business leaders and citizens at a housing forum in Hanover.

RANDOLPH --- As part of its South Shore 2030 campaign, the South Shore Chamber of Commerce released its housing report at a breakfast meeting before 250 members.

A review of MHP’s lending in Central Mass. in Fiscal Year 2017 shows MHP’s ability to finance a range of affordable housing developments, from new construction to saving historic mills to preservation of expiring use affordable housing using low-interest 40-year permanent financing.

BOSTON --- MHP's Center for Housing Data is new initiative that builds on MHP's work over the past 12 years to promote statewide policies that would better enable to the Commonwealth to build housing in response to demand.