News

In its ongoing effort to support communities who have or want to start affordable housing trusts, MHP produces periodic trust bulletins on issues related to running an effective trust. In this issue, we provide an easy-to-use form for municipal affordable housing trusts to do their mandatory reporting of CPA funds.

BOSTON --- Trust expenditures of CPA resources should be submitted to CPC in September.

BOSTON --- MHP used its private bank financing and other capital resources in Fiscal Year 2018 to preserve long-established affordable housing in some of Boston’s priciest neighborhoods while also making long-term permanent loans to support the city’s efforts to add affordable housing on vacant or underutilized properties.

At a recent Boston Home Center event, Mark D. Roberts, aka Mr. Real Estate, was nice enough to shoot some video of MHP's Jake Interrante on why ONE Mortgage is the best and most affordable mortgage program for first-time buyers. Check out this ONE minute video.

BOSTON --- MHP has named Cynthia Mohammed Director of Portfolio Management. She will be responsible for overseeing MHP’s growing portfolio of multi-familly loans for affordable housing.

BOSTON -- MHP is pleased to offer three trainings this fall -- income determination and eligibility, Annual Affordable Housing Trust Conference and a 40B training for local officials.