News

Fourth round of Climate Ready Housing funding awards will support deep energy retrofits and decarbonization projects

BEVERLY -- The Executive Office of Housing and Livable Communities (HLC), in collaboration with Massachusetts Housing Partnership (MHP), MassHousing and Local Initiatives Support Corporation (LISC) Massachusetts, is announcing the fourth round of funding awards under the Climate Ready Housing program.

MHP is committed to creating financing solutions for developers of affordable housing. Executing Fannie Mae Multifamily Affordable Housing (MAH) loans is one way we continue our mission.

The spring and summer seasons have been busy for our Rental Finance team, with staff attending celebrations marking major milestones in MHP-financed affordable housing developments across the state. Here are the highlights.

MHP is deeply committed to providing equitable access and inclusion in affordable housing development, which is why it has expanded on the Working Capital Line of Credit (WCLOC) program with the addition of the Emerging Developer Working Capital Line of Credit (EDWCLOC) program.

STATE --- The pre-application period for the next round of Climate Ready Housing is open until April 11. The state funded opportunity funds deep energy retrofits in existing multifamily affordable housing. Funding will be leveraged competitively to support 10 to 15 projects.

Boston ---The Healey-Driscoll Administration today announced the third round of funding awards under the Climate Ready Housing program. The program is led by the Executive Office of Housing and Livable Communities, in collaboration with Massachusetts Housing Partnership, MassHousing, and Local Initiatives Support Corporation Massachusetts (LISC MA). Third Round of Climate Ready Housing Funding Awards Will Support Deep Energy Retrofits and Cost Savings in nearly 1,000 Affordable Housing Homes.