Massachusetts RealEstateRama
MassHousing, AFL-CIO Housing Investment Trust, and Building America CDE Unite to Provide $46.8 Million...
BOSTON, MA - February 15, 2012 - (RealEstateRama) --Financing from MassHousing, New Market Tax Credits and union pension funds will provide $46.8 million in capital to help construct the 225 Centre Street development in Jamaica Plain, a project that wi...
MassHousing Announces Loan Closing of $14.5 Million to Preserve Affordable Housing for Seniors and...
BOSTON, MA - February 15, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $14.5 million to preserve affordability for senior citizens and low-income families at the 161-unit Marcus Garvey Apartments in Roxbury.
Bipartisan Group of Lawmakers Call on Obama to Increase Home Energy Assistance Funding in...
Washington, DC - January 31, 2012 - (RealEstateRama) -- Congressman Edward J. Markey, Congressman John Tierney, and a bipartisan group of more than 100 lawmakers sent a letter urging President Barack Obama to fund the Low Income Home Energy Assistance ...
Markey, Bipartisan Group of Lawmakers Call on Obama to Increase Home Energy Assistance Funding...
WASHINGTON, D.C. - January 30, 2012 - (RealEstateRama) -- Congressman Edward J. Markey (D-Mass.), longtime Congressional champion of providing assistance to low-income families to heat and cool their homes and dean of the Massachusetts Congressional de...
Tierney Continues to Call on FHFA to Allow Mortgage Modifications and Keep Families in...
Washington, DC - January 18, 2012 - (RealEstateRama) -- Today, Congressman John Tierney and Oversight and Government Reform Committee Ranking Member Elijah Cummings called on Committee Chairman Darrell Issa to subpoena documents that Federal Housing Fi...
Three Historic Homes Offered For Sale
January 10, 2012 - (RealEstateRama) -- The City of Springfield has issued Requests for Proposals (RFP’s) for purchase and redevelopment of three historic homes in the Maple Street area. These vacant and deteriorated houses have been negatively impact...
Markey, Brady, Schwartz Call For Increasing Size of Northeast Home Heating Oil Reserve
WASHINGTON, DC - December 29, 2011 - (RealEstateRama) -- Concerned that new analysis by the Department of Energy (DOE) shows that decisions by ConocoPhillips and Sunoco to idle or shutter completely three refineries in Pennsylvania could cause shortage...
Markey, Kerry Praise Release of $21 Million in Home Heating Funds for Massachusetts
WASHINGTON, D.C. - December 23, 2011 - (RealEstateRama) -- Congressman Edward J. Markey (D-Malden) and Senator John Kerry (D-Mass.) today praised the Department of Health and Human Services (HHS)’s release of $845 million to states throughout the cou...
Mayor Menino Announces Home for the Holidays
Boston, MA - December 23, 2011 - (RealEstateRama) -- Today, Mayor Thomas M. Menino presented an affordable housing voucher to a homeless family who will move into a new home this New Year and announced that 500 additional homeless families are receivin...
Mayor Domenic J. Sarno Recommends Fiscal Year 2012 Property Tax Rates to Springfield City...
December 14, 2011 - (RealEstateRama) -- Mayor Domenic J. Sarno announced today a recommendation of Fiscal Year 2012 property tax rates for consideration by the Springfield City Council at a meeting Scheduled for Friday, December 16, 2011. The rates wou...
MassHousing Closes $2.7 Million for Tri-Town Landing Apartments in Lunenburg
BOSTON, MA - December 9, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $2.7 million in loans for the first phase of the Tri-Town Landing Apartments, a 66-unit rental development in a Smart Growth District in Lunenburg.
MassHousing Awards $300,000 for Affordable Sober Housing
BOSTON, MA - November 22, 2011 - (RealEstateRama) -- MassHousing has awarded $300,000 in financing to help create or preserve affordable sober housing in Brockton, Lowell, Springfield and Worcester.
MassHousing Honors 100 Property Management Companies for Their Commitment to Minority and Women-Owned Businesses
BOSTON, MA - November 22, 2011 - (RealEstateRama) -- MassHousing recently recognized the efforts of 100 property management companies that make a concerted effort to do business with Minority and Women-Owned Business Enterprises (M/WBEs).
Tierney Continues to Push for Necessary Steps to Help Homeowners
Washington, DC - October 27, 2011 - (RealEstateRama) -- Today, Congressman John Tierney urged Acting Director Edward DeMarco of the Federal Housing Finance Agency (FHFA) to continue to take critical steps to prevent foreclosures and to push private len...
Tierney Statement on Necessary Steps to Help Homeowners Stay in Their Homes
Washington, DC - October 26, 2011 - (RealEstateRama) -- Congressman John Tierney released the following statement in response to the Federal Housing Finance Agency (FHFA) decision to enact a series of changes to the Home Affordable Refinance Program (H...
Metro Credit Union works with the City of Boston to prevent foreclosures and provide...
October 26, 2011 - (RealEstateRama) -- Metro Credit Union was recently approved as a lending partner for the Boston Home Center. Metro will collaborate with the Boston Home Center to develop and enhance mortgage programs aimed at placing homeowners in...
Mayor Thomas M. Menino Joins Cardinal Sean P. O’Malley to Celebrate Opening of Affordable...
Boston, MA - October 20, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Cardinal Seán P. O’Malley, Archbishop of Boston, the Planning Office for Urban Affairs (POUA), Pine Street Inn, and a number of state and local officials to cele...
U.S. Reps. McGovern, Markey, LaTourette, Larson, Welch Call For Immediate Release of Home Heating...
WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- With the Department of Energy (DOE) reporting an increase in the price for most heating fuels this winter, Congressmen Edward J. Markey (D-Mass.), James P. McGovern (D-Mass.), Steven C. LaTouret...
Parks Department Receives Preservation Awards
October 17, 2011 - (RealEstateRama) -- Two preservation projects on property overseen by the Boston Parks and Recreation Department were recognized with 2011 Preservation Achievement Awards at the annual awards ceremony hosted by the Boston Preservatio...
Inspectional Services Issues Winter Preparedness Advisory
October 10, 2011 - (RealEstateRama) -- As the winter months are fast approaching, the Inspectional Services Department (ISD) would like to remind homeowners and tenants to prepare for the winter early. According to the Massachusetts State Sanitary Cod...
Tierney Continues to Press Administration to Ensure that Homeowners Receive a Fair-Shake From Mortgage...
Washington, DC - October 10, 2011 - (RealEstateRama) -- Today, Congressman John Tierney (MA-06) will join a group of lawmakers in a meeting with Acting Director Edward DeMarco of the Federal Housing Finance Agency (FHFA) to discuss President Obama's pr...
Federal Reserve Bank of Boston Releases “State Foreclosure Prevention Efforts in New England: Mediation...
BOSTON, MA - September 29, 2011 - (RealEstateRama) -- Foreclosure initiations spiked in all the New England states during the recent economic downtown, ranging from a peak of less than 3.0% of outstanding mortgages in Vermont in 2010 to a peak of 5.5% ...
MassHousing Closes $45 Million Loan for Acquisition and Preservation of Affordable Housing in Lowell
BOSTON, MA - September 22, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed a $45 million loan for the acquisition and preservation of the 432-unit Westminster Village Arms apartments in Lowell.
MassHousing Announces Second Best Lending Year in Agency’s 45-Year History
BOSTON, MA - September 20, 2011 - (RealEstateRama) -- MassHousing announced today that it provided $792.5 million for affordable housing in fiscal year 2011, helping to drive the Agency to its second-best lending year in its 45-year history.
Tierney, Lawmakers, Renew Call for Meeting with Housing Regulator
Washington, DC - September 14, 2011 - (RealEstateRama) -- Today, Congressman John Tierney joined Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, Congressman Dennis Cardoza, Co-Chair of the Housi...
Mayor Menino “Welcomes Home” 12 First-Time Homebuyers of Foreclosed Properties
Boston, MA - September 13, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Evelyn Friedman, Director of the Department of Neighborhood Development (DND), and 12 first-time homebuyers of formerly foreclosed properties for a housewarming celebration on Rockwell Street in Dorchester.
MassHousing Honors Cape Cod Five Cents Savings Bank for its Commitment to Affordable Home...
Boston, MA - September 8, 2011 - (RealEstateRama) -- For the second year in a row, Cape Cod Five Cents Savings Bank made more affordable MassHousing home mortgage loans than any other Barnstable County lender.
Boston Receives $20.5M HUD Grant to Transform Dorchester’s Quincy Corridor
Boston, MA - September 1, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined U.S. Department of Housing & Urban Development Secretary Shaun Donovan as HUD announced that Boston is receiving $20.5M to redevelop the Woodledge/Morrant Bay Apartments and revitalize Dorchester’s Quincy Corridor.
Boston Bar Foundation Announces Grants of $1.1 Million
Boston, MA - August 29, 2011 - (RealEstateRama) -- The Boston Bar Foundation (BBF) today announced grants totaling $1.1 million to 25 Massachusetts community organizations providing a wide variety of core legal services -- from domestic violence and immigration to housing and homelessness. The $1.1 million represents an almost $50,000 increase in core legal services grants, compared with F.Y. '10.
MassHousing Honors NE Moves Mortgage for Being a Top-Producing Lender
BOSTON, MA - August 29, 2011 - (RealEstateRama) -- MassHousing has honored NE Moves Mortgage for being the Agency's top retail producer of first mortgages in 2010, an award the Waltham-based lender has won for the third consecutive year.
NE Moves originated 150 MassHousing first mortgages for a total of $34.5 million in financing during calendar year 2010. In addition to being MassHousing's top retail producer in 2010, 2009 and 2008, NE Moves was MassHousing's top overall producer of first mortgages in 2006 and 2007.