News

Local support key to new rental homes near downtown; MHP makes $1.1M loan commitment

HOLLISTON, July 13, 2011 --- Of all the people who spoke about the significance of Cutler Heights, nobody understood it better than Lillian Feinberg, who moved into one of the new apartments with her husband Stan after economic hard times forced them to short-sell their longtime home in nearby Ashland. "We're close to where we used to live and within walking distance of downtown," she said." Lots of times you can hear church bells ringing. It's beautiful."

WEST BOYLSTON, July 12, 2011 --- In an era when communities worry how new housing will impact municipal and school costs, a small town of just over 7,000 people just north of Worcester realized that it did not have enough affordable homes for families and took all necessary steps to do something about it.

BEVERLY, July 8, 2011 --- For many years, if you came into downtown Beverly from the north, one of the buildings that would catch your eye was the Mayflower Motel. A long, single-story, brick building on the left, it had become rundown and tired-looking. In its final years, its small rooms had become permanent homes for some of the community's lower-income residents.

CAMBRIDGE, June 20, 2011 --- The Massachusetts Housing Partnership (MHP) recently committed $9.7 million in construction and permanent rental financing to help Franklin Street Associates LP rehabilitate 122 units of rental housing in the Cambridgeport neighborhood of Cambridge.

NEW BEDFORD, June 15, 2011 --- The 15-story Regency Tower is New Bedford's tallest building and public officials have come to view it as a barometer for the city. Earlier this spring, everyone was forecasting a bright future as Governor Deval Patrick and Congressman Barney Frank joined other top state and local leaders to celebrate the downtown apartment building's $32 million revitalization into 129 mixed-income rental apartments.

SOMERVILLE, May 12, 2011 --- Less than two years after celebrating the completion of Saint Polycarp Phase I, state and local officials returned to these church grounds earlier this month to celebrate the groundbreaking of Phase II.