At a hearing of the Natural Resources Subcommittee on Energy and Mineral Resources, Congresswoman Niki Tsongas (MA-3) spoke in strong opposition to a Republican bill, the Accessing Strategic Resources Offshore Act orASTRO Act, which wouldoverturn reforms put in place after the BP Deepwater Horizon disaster and dramatically expand offshore drilling.
Mayor Domenic J. Sarno and Congressman Richard E. Neal are pleased to announce that the U.S. Department of Housing and Urban Development have approved a $3,650,000 million loan guarantee to the City of Springfield to finance a $41 million redevelopment of the Historic Paramount Theater and Massasoit Building. This transformative project is intended to provide a focal point for cultural and entertainment activities in western Massachusetts
The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales jumped over four percent this month from September of last year, with prices rising close to five percent. Pending condominium sales were also up, rising more than three percent over last year, while prices increased slightly. Realtors® confidence in the market and in home prices were both up again in September. This month’s “Hot Topic” question asks Realtors® how they would describe the appraisal process in the last six months
The president and founder of a Falmouth mortgage company pleaded guilty yesterday in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million.
The Massachusetts Association of Realtors® (MAR) reported today that closed sales for both single-family homes and condominiums were down over two percent in August compared to last year. The median price for single-family homes rose over five percent, while condo prices stayed flat. Inventory reached the lowest level for the month of August since MAR began recording the data in 2004.
Massachusetts Association of Realtors® Recognizes Realtors® Elizabeth Morawiak-Paczuska and Richard Waystack for their Community...
The Massachusetts Association of Realtors® (MAR) announced today that Elizabeth “Ella” Morawiak-Paczuska of Preferred Properties Realty in Norwell and Richard Waystack of Jack Conway & Company, Inc. in Harwich Port were named MAR’s 2017 Good Neighbor Award winners for their work on behalf of Project Health CV Inc. and the Bob Murray Housing with Love Walk respectively.
The Massachusetts Association of Realtors® (MAR) announced today that Barb Davis-Hassan, president of Barb Hassan Realty, Inc. in Pittsfield is the Massachusetts Realtor® of the Year for 2017. Davis-Hassan was presented the award at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.
The Massachusetts Association of Realtors® (MAR) announced today that Gary Rogers, a Realtor® and broker of RE/MAX on the Charles in Waltham, has been named recipient of the Milton H. Shaw Distinguished Service Award for 2017. The award was presented at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.
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
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
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
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.