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Real Estate Broker Sentenced for Role in Sweeping Mortgage Fraud Conspiracy

A Methuen real estate broker was sentenced today in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.

Housing and Economic Development Secretary Jay Ash Celebrates Affordable Rental Housing Award for Springfield’s...

One of 19 awards from Baker-Polito Administration, totaling $57 million in affordable rental housing awards and $33 million allocation in tax credits to support creation and preservation of nearly 1,500 housing units

FISCAL 2019 REAL ESTATE and PERSONAL PROPERTY TAX BILLS

FY 2019 first quarter Real Estate and Personal property tax bills will be due on Wednesday, August 1st, 2018. Bills were mailed to all property owners on June 30th, and include both the August payment stub and the November stub (due on November 1, 2018).

Boston Gang Member Sentenced for Distributing Drugs in and Around Public Housing Development

A Heath Street gang member was sentenced today in federal court in Boston for distributing drugs in and around the Mildred C. Hailey Apartments in Jamaica Plain. Javonte Robinson, a/k/a “Biggie,” and “Big Dog,” 21, was sentenced by U.S. District Court Judge William G. Young

Baker-Polito Administration Announces New Housing Choice Initiative

The Baker-Polito Administration announced a comprehensive new initiative to substantially increase housing production across the Commonwealth. The Administration’s Housing Choice Initiative creates a new system of incentives and rewards for municipalities that deliver sustainable housing growth; creates a new technical assistance toolbox, to empower cities and towns to plan for new housing production; and proposes legislative changes, through An Act to Promote Housing Choices, to deliver smart, effective zoning at the local level.

Senators to Tax Budget Conferees: Remove Harmful Renewable Energy Provisions, Protect Clean Energy Blue-Collar...

As Republicans on the congressional tax scam conference committee try to finalize their partisan plan this week, Senators Edward J. Markey (D-Mass.), Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), Ben Cardin (D-Md.), Amy Klobuchar (D-Minn.), Jeff Merkley (D-Ore.), Tom Udall (D-N.M.), Michael Bennet (D-Colo.), Richard Blumenthal (D-Conn.) are demanding removal of renewable energy provisions from the final conference report that would devastate clean energy deployment and job growth.

Mayor Sarno Recommends Fiscal Year 2018 Property Tax Rates to Springfield City Council

Mayor Domenic J. Sarno announced today his preliminary recommendation for Fiscal Year 2018 property tax rates. This will now be sent to the Springfield City Council for consideration at a meeting scheduled for Monday, December 11, 2017 at 6:00 p.m. The recommended rates are $ 19.69 for residential and $39.25 for commercial, industrial, and personal property (CIP) (per $1,000 valuation).

KENNEDY STATEMENT ON GOP REJECTION OF EITC AMENDMENT

Congressman Joe Kennedy III released the following statement today after House Republicans rejected his amendment to extend the Earned Income Tax Credit to working childless adults by simply maintaining the estate tax.

Tsongas promotes clean energy projects over expanded offshore drilling

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.

HUD Approves $3.65 Million Loan Guarantee to City of Springfield; Loan to Finance the...

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

Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae

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.

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.

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

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

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.

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MASSHOUSING LAUNCHES NEW INVESTOR RELATIONS SITE IN ADVANCE OF UPCOMING BOND...

BondLink, the municipal market’s premier provider of investor outreach solutions, today announced the Massachusetts Housing Finance Agency (MassHousing) has launched an investor relations website, MassHousingBonds.com