Monthly Archives: July 2013

Mayor Menino Celebrates Revitalization of Formerly-Blighted Dorchester Neighborhood

WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino announced today that 37 Hendry Street, a property key to the revitalization of Dorchester’s formerly-blighted Hendry Street, has been sold to Urban Neighborhood Homes, LLC, a local community developer with a long history of working in the neighborhood. The sale, which went to record last week, marks the return of the last of the street’s “Problem Properties” to local ownership

SPRINGFIELD, MASS HOUSING AUTHORITY SETTLES LEAD-BASED PAINT DISCLOSURE CASE

BOSTON - July 31, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and the U.S. Environmental Protection Agency today announced that the Springfield, Massachusetts Housing Authority will pay an $11,000 penalty for failing to inform tenants their apartments may contain lead-based paint, as required by law. In addition, the housing authority agreed to render apartment buildings at four of its properties lead safe at a cost of more than $49,500.

Springfield, Mass. Housing Authority Settles Lead-Based Paint Disclosure Case

Boston, MA - July 31, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency and the U.S. Department of Housing and Urban Development today announced that the Springfield, Mass. Housing Authority will pay an $11,000 penalty for failing to inform tenants their apartments may contain lead-based paint, as required by law. In addition, the housing authority agreed to render apartment buildings at four of its properties lead safe at a cost of more than $49,500.

Lynch Votes Against Bill to End the Affordable 30-Year Mortgage

WASHINGTON, D.C. - July 24, 2013 - (RealEstateRama) -- Today, Congressman Stephen F. Lynch (MA-08) issued the following statement after voting against H.R. 2767, the so-called Protecting American Taxpayers and Homeowners (PATH) Act, a Republican bill to privatize the mortgage finance market

MassHousing Closes $30.4 Million in Loans for the Acquisition, Renovation and Preservation of Affordability...

BOSTON, MA - July 22, 2013 - (RealEstateRama) -- MassHousing announced today that it has closed $30.4 million in loans for the acquisition, renovation and preservation of affordability of the 129-unit Quincy Heights in Dorchester

City Moves Forward in Securing Retailers for Dudley Square

WASHINGTON, D.C. - July 15, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino today announced the selection of retail real estate firm CB Richard Ellis/Grossman Retail Advisors (CBRE/GRA) for advisory services in leasing retail space at the future Dudley Square Municipal Center. CBRE/GRA will build on Dudley Square’s existing retail offerings by assisting the City of Boston’s project team with securing exciting retailers to further activate the street and provide amenities to the new facility.

Recent

AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today