News

Patrick Administration recognizes Dorchester family; also cites bank, city for program support

BOSTON, May 7, 2008 --- The Patrick Administration today honored a Dorchester family, Bank of America and the City of Boston for helping the state's most affordable mortgage program achieve its 10,000th loan and for setting a record for loans in a single year while maintaining low foreclosure rates.

BOSTON April 11, 2008 --- Part of Governor Deval Patrick's comprehensive economic plan is the establishment of a $20 million privately-funded acquisition pool to purchase foreclosed and vacant properties across the Commonwealth.

MHP supports VOA with $1.9 million loan commitment

LAWRENCE, April 8, 2008 --- State and local leaders gathered on Friday to celebrate the opening of the Blakeley Building, a historic building in downtown Lawrence that will provide homes for 46 low-income families.

BOSTON, March 17, 2008 --- MHP kicked off a series of briefings with housing authorities last week, providing details about the state's new housing authority grant program.

Originally market-rate, Winn converts 7-story Everett project; 47 units affordable

EVERETT, March 3, 2008 --- Using its ability to provide long-term financing for affordable rental housing, the Massachusetts Housing Partnership (MHP) has committed $5.9 million to support the conversion of a market-rate condominium project into 74 units of rental housing, 47 of which will be affordable.

Developed by Housing Assistance Corp.; scattered site 40B; 2nd loan with MHP

WEST BARNSTABLE, Feb. 4, 2008 --- With a long-term first mortgage loan commitment of $1.75 million, the Massachusetts Housing Partnership (MHP) is helping the Housing Assistance Corporation of Cape Cod (HAC) create 40 new affordable apartments in West Barnstable.