Monthly Archives: September 2013

BOSTON - September 30, 2013 - (RealEstateRama) -- MassHousing is partnering with the Buy Cities program and six MassHousing-approved lenders to promote affordable homeownership opportunities in New Bedford and Fall River.

REVERE - September 27, 2013 - (RealEstateRama) -- Thursday, September 26, 2013 - Governor Deval Patrick today toured Revere with local officials to discuss the importance of partnering with cities and towns to grow jobs and create economic opportunity. Through strategic investments in housing and economic development projects, Revere has become an attractive, emerging place for residents and families to live, work and play

SPRINGFIELD, Mass. - September 25, 2013 - (RealEstateRama) -- The City of Springfield, Massachusetts and Eastman Chemical Company today dedicated the Congressman Richard E. Neal Indian Orchard Community Park. Located at 1708 Page Boulevard, the park has always been an important green space to the citizens of Springfield

SPRINGFIELD, Mass. - September 24, 2013 - (RealEstateRama) -- The City of Springfield, Massachusetts and Eastman Chemical Company today dedicated the Congressman Richard E. Neal Indian Orchard Community Park. Located at 1708 Page Boulevard, the park has always been an important green space to the citizens of Springfield

Boston, MA - September 20, 2013 - (RealEstateRama) -- Standing with members of the Leadership Council on Homelessness, Mayor Thomas M. Menino today released a detailed plan to house Boston’s homeless individuals and offer them the support they need to succeed. “Bringing Boston Home,” the City’s new plan, is the result of a four-year process during which members of the Leadership Council met regularly to discuss challenges still facing the homeless community, and set forth measurable outcomes to be achieved by the close of the three-year plan

BOSTON - September 18, 2013 - (RealEstateRama) -- MassHousing announced today that Equitable Cooperative Bank is now an approved lender of MassHousing's family of affordable, fixed-rate, home loan products for low- and moderate-income homebuyers. Based in Lynn, the bank also has a branch in Nahant. Equitable Cooperative Bank also offers lending services in Essex and Middlesex Counties via the Internet and its loan officers will also originate loans at borrowers' homes or at a location of their choice.

FALL RIVER - September 18, 2013 - (RealEstateRama) -- An unlicensed home improvement contractor has been sentenced to serve one year in jail in connection with stealing tens of thousands of dollars from multiple homeowners, Attorney General Martha Coakley’s Office announced today. He was also ordered to pay more than $132,000 in restitution to the victims

WALTHAM, Mass. - September 18, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the August REALTOR® Market Confidence Index (RMCI) and the August REALTOR® Price Confidence Index (RPCI) were both up again compared to the same month in 2012. The results of the August “Hot Topic” question show that REALTORS® are split on the impact that increasing interest rates are having on buyers in the market.

Boston, MA - September 10, 2013 - (RealEstateRama) -- Boston Public Library continues its series of roundtables to update library users and interested residents on the Johnson Building Improvement Project.

BOSTON, MA - September 10, 2013 - (RealEstateRama) -- Barclays Bank PLC (Barclays) will pay $36.1 million to settle allegations that it financed, purchased, and securitized residential loans that were presumptively unfair under Massachusetts law, Attorney General Martha Coakley announced today.

WASHINGTON, D.C. - September 9, 2013 - (RealEstateRama) -- Standing with members of his Housing Advisory Panel, Mayor Thomas M. Menino today announced a plan to build 30,000 units of housing in the City of Boston by the year 2020.

Boston - September 9, 2013 - (RealEstateRama) -- Strong consumer demand for a unique home mortgage loan with no mortgage insurance requirement and a solid multi-family financing year propelled MassHousing (The Massachusetts Housing Finance Agency) to a record lending year in fiscal year 2013.

BOSTON - September 6, 2013 - (RealEstateRama) -- MassHousing and the state Department of Housing and Community Development (DHCD) announced $11.5 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Cambridge, Chicopee, Lawrence, Mashpee, Springfield and Stow. The AHTF financing will help create or substantially rehabilitate and preserve the affordability of 1,506 apartments in the seven communities. “Affordable housing is always in high demand across Massachusetts," said Aaron Gornstein, Undersecretary for Housing and Community Development.