News

NORTHAMPTON, Nov. 27, 2008 --- The Valley Community Development Corporation (VCDC) recently celebrated the opening of two affordable housing efforts, an eight-unit apartment building in Northampton and an 11-unit effort in Amherst. Both efforts were made possible due in part to early technical assistance and long-term financing from MHP.

PITTSFIELD, October 29, 2008 --- Using its ability to provide private bank funds for affordable rental housing, MHP has committed $2.2 million in long-term financing to support a 67-unit new construction and rehabilitation project near in downtown Pittsfield.

PITTSFIELD, October 29, 2008 --- Using its ability to provide private bank funds for affordable rental housing, MHP has committed $2.2 million in long-term financing to support a 67-unit new construction and rehabilitation project near in downtown Pittsfield.

ARLINGTON, October 14, 2008 --- Using its ability to provide long-term, fixed-rate private financing for affordable rental housing, MHP has committed $1.2 million in first and second mortgage financing to help the Housing Corporation of Arlington (HCA) acquire, rehabilitate and preserve 10 units of affordable housing.

BOSTON, Sept. 25, 2008 --- In its continuing effort to support affordable housing production in Massachusetts, MHP has awarded nearly $4 million in grants to non-profit and community-based development organizations across the state.

SOMERVILLE, Sept. 12, 2008 --- Community, local and state leaders gathered in early September to celebrate the beginning of the construction of 24 affordable rental units on the campus of the former Saint Polycarp Church, an effort made possible due in part to a long-term loan commitment from the Massachusetts Housing Partnership (MHP).