Senator Warren Raises Concerns About Aggressive and Misleading Marketing of VA Refinance Mortgages, Urges...

U.S. Senator Elizabeth Warren today raised concerns that certain companies may be aggressively and misleadingly marketing the refinancing of mortgages backed by the U.S. Department of Veterans Affairs (VA), generating fees for themselves at the expense of veterans and American taxpayers.

The Massachusetts Association of Realtors® Charitable Foundation Donates $20,000 in Disaster Relief Aid to...

The Massachusetts Association of Realtors® Charitable Foundation announced today that the group is donating $20,000 to the National Association of Realtors® Realtor® Relief Foundation to fund rescue and recovery efforts underway in the areas of Texas most affected by Hurricane Harvey. All funds go to help Realtors® and others in need with temporary housing, mortgage payments and related expenses

AG Healey Joins State Attorneys General in Responding to Department of Energy Study, Pledging...

Attorney General Maura Healey joined attorneys general from Maryland, New York and California in issuing the following statement in response to yesterday’s release of the Department of Energy (DOE) study on the U.S. electric grid

Massachusetts Median Home Prices Remain at the $400,000 Mark as Number of Homes for...

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit the $400,000 mark for the second month in a row in July. Single-family homes saw a dip in sales over last year, while condominiums sales rose slightly. Inventory also reached the lowest level for the month of July since MAR began recording the data in 2004.

Affordability Extended for Senior Citizens Living at Solemar at South Dartmouth through Refinancing of...

MassHousing has provided $17.6 million in affordable housing financing to the Claremont Companies for the refinancing of the 200-unit Solemar at South Dartmouth. The refinancing of the mixed-income senior citizen community preserves the affordability of the property’s 100 affordable units through 2034.

Baker-Polito Administration Awards $72 Million to Create, Rehabilitate and Preserve Nearly 2,000 Housing Units

Governor Charlie Baker announced $72 million in housing subsidy funds and additional state and federal tax credits to 25 projects in 17 communities for the creation, rehabilitation, and preservation of 1,970 housing units across the Commonwealth, including 402 units reserved for very low-income families and families making the transition out of homelessness, building on the Baker-Polito Administration’s commitment to increasing the production and preservation of affordable housing for all residents

DHCD Announces October 2017 Mini-Rental Round Competition

The Department of Housing and Community Development (DHCD) has identified a limited amount of federal and state Low Income Housing Tax Credit (LIHTC) and state bond funds that could be made available competitively to certain highly ready projects before the end of 2017. Because of the great demand for new, family housing, projects must represent affordable or affordable/mixed-income family housing that meet the definition of production in the 2017 Qualified Allocation Plan (QAP). Also, in order to best leverage state resources, projects must be supported by significant levels of local matching funds.

AG Returns $6.3 Million to Homeowners After Investigation of Improper Charges by Insurance Company

Following an investigation and audit by Attorney General Maura Healey’s Office, a major Massachusetts insurance company is paying more than $6.3 million in refunds to more than 4,500 homeowners who were improperly charged for property insurance.

WinnDevelopment chosen to redevelop the Mary Ellen McCormack public housing development

WinnDevelopment Company, LP has been selected by the Boston Housing Authority to redevelop the first and one of the largest public housing development in New England.  Built in the 1930s, Mary Ellen McCormack consists of 1,016 deeply subsidized apartments and row houses. The proposed plan is to rebuild the site into a vibrant mixed-income community with a thoughtful design that embraces the existing residents and connects with the surrounding neighborhood.

Acton Couple Arrested for Defrauding the Treasury Department of Over $50 Million in Tax...

An Acton couple was arrested today and charged with defrauding the U.S. Treasury Department of more than $50 million in tax free energy grants as part of the American Recovery and Reinvestment Act of 2009. Christopher N. Condron, 45, and Jessica Metivier, 41, were charged in an indictment unsealed today with one count of conspiracy to defraud the United States with respect to claims and three counts of wire fraud. They were released on conditions following an initial appearance in federal court in Boston today

Mass. July Pending Home Sales Down for the First Time in Over Two Years

The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales fell almost six percent in July from last year. Pending condominium sales were also down more than 10 percent. The median price for both single-family homes and condos saw a hike over last year, with the single-family median price rising over the $400,000 mark for the second month in the row. Realtors® confidence in the market and in home prices were both up in July after a dip in June.

Baker-Polito Administration Announces Nearly $1.5 Million In Brownfields Funding For Nine Projects

Baker-Polito Administration announced nearly $1.5 million in Brownfields Redevelopment Fund awards to support the environmental assessment and cleanup of contaminated and challenging sites across the Commonwealth.

Sens. Markey, Warren, and Reps. McGovern, Capuano, and Keating Announce $2.2 million in Grants...

United States Senators Elizabeth Warren and Edward J. Markey along with Representatives Jim McGovern, Mike Capuano, and Bill Keating announced today that the Federal Emergency Management Agency (FEMA) has awarded five fire departments in Massachusetts nearly $2.2 million in federal grants.

Massachusetts Median Home Prices Cross the $400,000 Threshold for the First Time

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit an all-time high and went over $400,000 for the first time. Both single-family homes and condominiums saw a drop in sales in June from last year. Inventory also reached the lowest level for the month of June since MAR began recording the data in 2004.

SEIA Testimony Urges Mass. DOER to Make Changes to Final SMART Regulations To Protect...

The Solar Energy Industries Association (SEIA) in comments and oral testimony urged the Massachusetts Department of Energy Resources (DOER) to make several changes to its proposed new solar incentive program to ensure the Commonwealth protects solar jobs. The Solar Massachusetts Renewable Target (SMART) program proposed by DOER would replace one of the state’s central solar policies, and is expected to be implemented next year.

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Senators Markey and Warren Request Release of Low-Income Home Energy Program...

Massachusetts Democratic Senators Edward J. Markey and Elizabeth Warren today asked Secretary of the Department of Health and Human Services to release the remaining ten percent of Low-Income Home Energy Assistance (LIHEAP) funds, amounting to approximately $300 million, to help families in Massachusetts and across the nation who need help heating and cooling their homes. construction scheduling

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Senator Warren Raises Concerns About Aggressive and Misleading Marketing of VA...

U.S. Senator Elizabeth Warren today raised concerns that certain companies may be aggressively and misleadingly marketing the refinancing of mortgages backed by the U.S. Department of Veterans Affairs (VA), generating fees for themselves at the expense of veterans and American taxpayers.