News

BOSTON, March 14, 2006 --- Using its ability to provide long-term financing for affordable rental housing, the Massachusetts Housing Partnership (MHP) has committed more than $2 million for the financing of 118 affordable units in four developments in Western Massachusetts.

BOSTON, January 30, 2006 --- New single-family home construction in the greater Boston metropolitan area is consuming about twice as much land as existing single-family housing, and half of the region's 30,387 recent new single-family homes were built on lots of nearly an acre or larger, according to a new study by the Massachusetts Housing Partnership (MHP) and the MIT Center for Real Estate (MIT).

BOSTON, November 9, 2005 --- Home prices in Eastern Massachusetts could be reduced by $100,000 and land consumption could be cut in half if the state were to adopt smart growth zoning practices and abandon its current pace of consuming nearly a football field for every unit produced.

BOSTON, July 18, 2005 --- Using its ability to provide long-term, private-sector financing for affordable housing, the Massachusetts Housing Partnership (MHP) is committing $2 million to help create 96 units of affordable housing in the Allston section of Boston.

Commits $15 million for 192 mixed-income units

BOSTON, May 18, 2005 --- Using its ability to provide low-cost financing for affordable rental housing, the Massachusetts Housing Partnership (MHP) is providing a $15 million long-term loan for Rolling Green Apartments, a 192-unit mixed-income rental development in Andover.

BOSTON, May 13, 2005 --- The Massachusetts Housing Partnership (MHP) is committing $8.3 million in first-mortgage financing and $1.5 million in interest-free second-mortgage subsidy to help the non-profit Falmouth Housing Corporation (FHC) create 90 new rental units.