May
31
2013
BOSTON, May 31, 2013 --- A 2012 law that requires banks to notify borrowers of their rights to pursue a loan modification before foreclosing may be a factor in the precipitous drop in foreclosures in the first quarter of 2013.
May
10
2013
CHELSEA, May 10, 2013 --- Every time the new Box District Neighborhood marks another milestone, Chelsea City Manager Jay Ash tells the story about when he was a boy growing up in the city and his mother wouldn't let him play there because of all the trash and rundown factory buildings.
May
3
2013
BEVERLY, May 3, 2013 --- Another chapter in the continued revitalization of Beverly's Gloucester Crossing neighborhood was marked recently as state and local officials gathered to celebrate the completion of Holcroft Park Homes, Phase 2.
April
11
2013
BOSTON, April 11, 2013 --- Nonprofit developers using tax credits to develop affordable rental housing should consider using MHP's Housing Reserve Assurance Program (Housing RAP), which in two years has helped five community development organizations realize $1.2 million in developer fees that might otherwise have gone toward cash-funded operating reserves or other long-term reserves.
January
19
2013
LAWRENCE, Jan. 19, 2013 --- In 2003, the MHP Board of Directors toured the City of Lawrence to look at affordable housing financed by MHP as well as possible future investments. One of their stops was Malden Mills, where WinnDevelopment's Larry Curtis gave a tour and talked about the potential of turning the hulking, dormant mill into housing.
January
18
2013
BOSTON, Jan. 18, 2013 --- In an effort to help affordable housing owners reduce costs and make their properties more energy efficient, the Massachusetts Housing Partnership (MHP) is offering a new loan program to help its borrowers make energy improvements.