Tag: MassHousing

MassHousing announced today that Southern Mass Credit Union (SMCU) is now approved to insure home mortgage loans with MassHousing’s signature MI Plus™ mortgage insurance.

Hyde Park-based bank and preferred lender in the City of Boston now offering no or low-interest loans to remove lead paint BOSTON – March 18, 2015 – (RealEstateRama) — MassHousing announced today that Blue Hills Bank – a preferred l...

A socially innovative, 13-year process to build mixed-income housing for senior citizens and families with foster or pre-adoptive children has been completed and fully occupied. Not only do the homes and apartments of Easthampton Meadow in Easthampton ...

BOSTON - August 19, 2014 - (RealEstateRama) -- An abandoned factory building in Worcester will be converted into 94 new affordable apartments as a result of $17 million in MassHousing loans.

BOSTON, MA - January 04, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $6.6 million to preserve affordability for senior citizens at the 95-unit Edison Green Apartments in Dorchester

BOSTON, MA - November 28, 2012 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been elected Vice President of the Board of Directors of the National Council of State Housing Agencies (NCSHA).

BOSTON, MA - November 28, 2012 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create 27 new units of affordable sober housing in Worcester.

BOSTON, MA - October 3, 2012 - (RealEstateRama) -- MassHousing and the Department of Housing and Community Development (DHCD) announced $2.35 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Acto...

BOSTON, MA - July 9, 2012 - (RealEstateRama) -- MassHousing announced a $2 million permanent loan closing today for the Ocean Shores Apartments, a 97-apartment affordable rental community for residents over age 55 in Marshfield.

BOSTON, MA - July 9, 2012 - (RealEstateRama) -- MassHousing announced a $10.1 million loan closing today that will preserve the affordability at BF Faulkner Tower in Somerville, a 130-apartment affordable housing community for senior citizens.

BOSTON - July 5, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed on $4.4 million in financing to help construct Cheriton Heights Senior Housing in West Roxbury, a new 70-apartment affordable housing community for senior citize...

BOSTON - June 25, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed on $5.8 million in financing for 72 affordable apartments at the Maple Ridge Apartments, a rental community in Tyngsboro.

BOSTON - May 21, 2012 - (RealEstateRama) -- MassHousing has awarded $350,000 in financing to help create 47 new units of affordable sober housing in Boston, Chelmsford, Somerville and Westford

BOSTON, MA - April 3, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $9.1 million to preserve affordability for predominantly low-income senior citizens and some disabled residents at the 100-unit Wait Street Apartments in Bos...

BOSTON, MA - March 27, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed a $6.1 million loan for the acquisition, preservation and renovation of the 45-unit Lucerne Gardens in Dorchester.

BOSTON, MA - February 16, 2012 - (RealEstateRama) -- MassHousing has awarded $68,213 in financing to help preserve affordable sober housing in Falmouth and for support services for existing sober housing in Boston.

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...

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.

Partnership between MassHousing, city of Haverhill and Haverhill Bank will help create opportunities for qualified buyers who purchase properties in need of repair. BOSTON, MA - April 15, 2010 - (RealEstateRama) -- MassHousing, Haverhill Mayor James J. Fiorentini and Haverhill Bank announced a new initiative today to make grant funds available to first-time homebuyers who purchase foreclosed homes in Haverhill. Qualified homebuyers who obtain a MassHousing Mortgage through Haverhill Bank will be eligible for a second loan to assist in rehabilitating the foreclosed property. The second loan will be funded through the Neighborhood Stabilization Program (NSP), which was created in federal economic recovery legislation.

$560 million allocated by Patrick Administration for affordable home mortgages and to build or preserve affordable rental housing. BOSTON, MA - April 12, 2010 - (RealEstateRama) -- MassHousing has received from the Executive Office for Administration and Finance an allocation of $560.8 million in private activity bonding authority for calendar year 2010. It is believed to be the largest allocation to one quasi-public agency of so-called “private activity bonds” in state history.

BOSTON, MA - March 26, 2010 - (RealEstateRama) -- An evaluation by the University of Massachusetts Donahue Institute has concluded that MassHousing’s Tenancy Preservation Program (TPP) is highly effective in preventing homelessness among tenants with mental disabilities.

BOSTON, MA - March 16, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason was recently presented with the 2010 Friend of the Elderly Award by the California-based Retirement Housing Foundation for his longstanding efforts to preserve affordable housing for the elderly, economically disadvantaged families and people with disabilities.

BOSTON, MA - March 2, 2010 - (RealEstateRama) -- MassHousing has approved $150,000 in funding to help create 11 new units of affordable sober housing for women with children in New Bedford.

Georgetown-based lender will commit $1.5 million for loan program for veterans. BOSTON, MA - January 19, 2010 - (RealEstateRama) -- MassHousing announced today that Georgetown Savings Bank is now an approved lender of MassHousing’s A Home for the Brave loan program for Massachusetts veterans.

All 194 apartments at housing community near Interstate 93 will stay affordable. BOSTON, MA - January 11, 2010 - (RealEstateRama) --January 11, 2010 – MassHousing announced a loan commitment today of up to $14.4 million to preserve affordability at Mountain View Terrace in Stoneham, a 194-apartment housing community for senior citizens and families

BOSTON, MA - December 3, 2009 - (RealEstateRama) -- MassHousing announced a $1.4 million loan commitment today to help develop 43 affordable apartments for low-income families as part of a 62-apartment mixed-income historic redevelopment in Mission Hil

BOSTON, MA - December 3, 2009 - (RealEstateRama) -- MassHousing announced loan commitments today of up to $5.9 million for the development of Maple Ridge, a 72-unit affordable rental community in Tyngsborough

WinnResidential top performer for seventh year; Maloney Properties, United Housing Management and Peabody Properties also cited for multi-million dollar efforts. BOSTON, MA - November 2, 2009 - (RealEstateRama) -- MassHousing recently recognized the efforts of 89 property management companies that make a concerted effort to do business with Minority and Women-Owned Businesses (M/WBEs). WinnResidential Management, which manages 85 MassHousing-financed properties, was the top performer for the seventh year in a row.