News

Campanelli-Thorndike break ground; MHP provides 40B PEL, $15M in financing

NORWOOD, Nov. 5, 2014 --- Developers and funders gathered on Nov. 5 to mark the beginning of construction of Upland Woods Apartments, a 262-unit mixed-income rental apartment community on part of the former Polaroid campus.

Popular MHP training to be repeated on Thursday, Oct. 16

After two successful trainings this year, MHP is gearing up to provide another "How to Drive a Closing" training on Thursday, Oct. 16 from 9 a.m. to 4 p.m. at the MHP's Boston office (160 Federal Street).

BOSTON, Sept. 3, 2014 --- Five years, 25 editions of the Foreclosure Monitor, and a recovering housing market are milestones that provide an excellent opportunity to review what has happened, what we've learned and what areas and trends still need the attention of policy makers.

Credit facility helps nonprofits reduce cash-funded reserves, increase working capital

BOSTON, AUG. 18, 2014 --- Nonprofit developers who are using or who have used tax credits to develop affordable rental housing should consider using MHP's Housing Reserve Assurance Program (Housing RAP) in order add more working capital to their bottom line.

BOSTON, July 17, 2014 --- The Massachusetts Housing Partnership put its bank-funded loan pool to work this spring and summer, committing over $56.9 million for the financing of 944 units of rental housing across Massachusetts.

STOW, July 9, 2014 --- During the ribbon cutting for Pilot Grove II, Town Clerk Linda Hathaway recalled when the land was part of her family's farm and when her grandparents, aunts and uncles would reminisce about winters spent sliding down the hill and right across what is now a busy West Acton Road. In the 1980s, when her family decided to sell the land for affordable housing, she recalled her grandfather, Fran Warren, explaining why the family was selling its beloved sledding hill.