Monthly Archives: June 2014

BOSTON - June 23, 2014 - (RealEstateRama) -- Mayor Martin J. Walsh, along with Department of Housing and Urban Development (HUD) Deputy Regional Administrator Kristine Foye and Boston’s Department of Neighborhood Development Director Sheila Dillon, announced that the City of Boston has received an additional $1.2 million to provide permanent and transitional housing for 60 formerly homeless individuals and families. The new award is part of HUD’s Continuum of Care program, which awarded $140 million in grants yesterday to nearly 900 homeless assistance programs across the country.

Washington, DC - June 23, 2014 - (RealEstateRama) -- Congressman Joe Kennedy (MA-4) and Congressman Bill Keating (MA-9) today announced that Fall River will receive $3,600,739 in federal grants from the U.S Department of Housing and Urban Development (HUD). The grants will be provided through the Community Development Block Grant (CDBG), Emergency Shelter Grants (ESG), and HOME programs

BOSTON - June 23, 2014 - (RealEstateRama) -- The former Executive Director of the Chelsea Housing Authority (CHA) was sentenced in federal court today for his role in rigging the inspection process for federally-funded housing units.

BOSTON - June 18, 2014 - (RealEstateRama) -- A $550 million nationwide federal-state settlement with mortgage lender and servicer SunTrust Mortgage Inc. over mortgage origination, servicing, and foreclosure abuses will provide direct payments to eligible Massachusetts borrowers for past foreclosure abuses, along with loan modifications and other relief for borrowers in need of assistance, Attorney General Martha Coakley announced today.

Springfield, MA - June 18, 2014 - (RealEstateRama) -- Mayor Domenic J. Sarno will be on hand to showcase a home completely restored by Springfield high school students as an outcome of collaboration between the City of Springfield and Roger L. Putnam Vocational Technical Academy. Several classes of students worked hands on to rehabilitate a vacant, dilapidated property that was foreclosed for the non-payment of taxes by the City of Springfield. The opportunity has provided students a unique, hands-on, educational experience.

BOSTON - June 16, 2014 - (RealEstateRama) -- After arguing that the FAIR Plan’s proposed home insurance rate increases for more than 150,000 Massachusetts families were excessive, Attorney General Martha Coakley announced that the Division of Insurance (DOI) rejected the rate request in a decision issued today. The decision saves homeowners from having to pay an additional $16 million in policy premiums