News

Springfield mayor salutes Belmont Ave. success, pledges more funds for distressed properties

SPRINGFIELD, March, 30, 2010 --- City and state officials recently celebrated the turnaround of the 30 Belmont Avenue apartment complex as part an innovative program that uses court-appointed receivers, public grants and private funds to stabilize and rehabilitate the distressed properties where tenants are currently living.

GLOUCESTER, March 26, 2010 --- The Massachusetts Housing Partnership recently committed $740,000 to help The Caleb Foundation, Inc. construct 34 units of affordable housing on the site of a former glue factory in Gloucester.

Targeted towards high-opportunity communities

BOSTON, March 17, 2010 --- The Massachusetts Housing Partnership announced today that it is accepting applications for new grant funds to help communities determine the feasibility of producing affordable rental housing.

BOSTON, March 3, 2010 --- This month's Foreclosure Monitor gauges how big the state's 'shadow inventory'of potential foreclosed properties is and where it may slow the real estate recovery.

New program makes $22M loan to Criterion for Canton's Windsor Woods

BOSTON, March 5, 2010 --- MHP has been approved as a Fannie Mae multifamily affordable lender, a coveted designation that will bring up to $100 million in new financing for rental housing to the Commonwealth.

LAWRENCE, February 1, 2010 --- The Massachusetts Housing Partnership recently committed over $2.1 million in financing to help Lawrence Community Works rehabilitate one building located at the Southwick Mills campus into 60 units of affordable rental housing in Lawrence.