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Rehabbed Properties Spur Turnaround of Blighted Neighborhoods in Brockton

BROCKTON - October 9, 2013 - (RealEstateRama) -- A year after touring an abandoned property that was being renovated through her Abandoned Housing Initiative (AHI), Attorney General Martha Coakley returned to meet the home’s new owner and tour another property that has since been rehabbed. Through the AHI program, almost 50 homes have now been renovated in Brockton, with property values of those homes rising an average 20 percent for a total increase of $1.2 million.

Application Period Opens for $1 Million Grant Program to Revitalize Distressed Properties

BOSTON - May 10, 2013 - (RealEstateRama) -- In an effort to help Massachusetts municipalities with high rates of distressed and vacant properties turn the corner on the foreclosure crisis, Attorney General Martha Coakley today opened the application period for a $1 million grant program designed to identify and return bank-owned properties to productive residential use

Application Period Opens for $5 Million Abandoned Housing Grant Program

BOSTON - April 12, 2013 - (RealEstateRama) -- In an effort to increase the rehabilitation of distressed and abandoned properties in Massachusetts, Attorney General Martha Coakley today opened the application period for a $5 million grant program. Utilizing funds recovered through the nationwide state-federal settlement over unlawful foreclosures, the Abandoned Housing Initiative Receivership Fund (AHI Fund) will assist local communities in mitigating the impacts of the foreclosure crisis.

CHAPA Announces Small Technical Assistance Grants to Massachusetts Communities

WASHINGTON, D.C. - January 23, 2012 - (RealEstateRama) -- CHAPA is introducing the second phase of its Welcome Home Massachusetts initiative: Technical Assistance Grants will be offered to communities to both energize and mobilize local support for affordable housing or create additional affordable housing opportunities.

MassHousing Awards $350,000 for Affordable Sober Housing

BOSTON - May 21, 2012 - (RealEstateRama) -- MassHousing has awarded $350,000 in financing to help create 47 new units of affordable sober housing in Boston, Chelmsford, Somerville and Westford

MassHousing Awards $300,000 for Affordable Sober Housing

BOSTON, MA - November 22, 2011 - (RealEstateRama) -- MassHousing has awarded $300,000 in financing to help create or preserve affordable sober housing in Brockton, Lowell, Springfield and Worcester.

Boston Receives $20.5M HUD Grant to Transform Dorchester’s Quincy Corridor

Boston, MA - September 1, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined U.S. Department of Housing & Urban Development Secretary Shaun Donovan as HUD announced that Boston is receiving $20.5M to redevelop the Woodledge/Morrant Bay Apartments and revitalize Dorchester’s Quincy Corridor.

Boston Bar Foundation Announces Grants of $1.1 Million

Boston, MA - August 29, 2011 - (RealEstateRama) -- The Boston Bar Foundation (BBF) today announced grants totaling $1.1 million to 25 Massachusetts community organizations providing a wide variety of core legal services -- from domestic violence and immigration to housing and homelessness. The $1.1 million represents an almost $50,000 increase in core legal services grants, compared with F.Y. '10.

MassHousing Awards $150,000 for Affordable Sober Housing

BOSTON, MA - May 11, 2011 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create or preserve affordable sober housing in Sandwich and Tewksbury.

Attorney General Martha Coakley Obtains Appointment of a Receiver to Manage the Pocasset Mobile...

BOSTON, MA - February 24, 2011 - (RealEstateRama) -- A receiver has been appointed to operate and manage the Pocasset Mobile Home Park under an order obtained by Attorney General Martha Coakley’s Office. The manufactured housing community located in Bourne has experienced ongoing sewage overflows from its septic system in the last year.

MASSACHUSETTS AWARDED $6.2 MILLION

BOSTON, MA - December 24, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Boston announced that three Massachusetts initiatives will receive more than $6.2 million in grants, loans, and interest-rate subsidies through its Affordable Housing Program. These funds will be used to finance 139 units of affordable rental housing for households earning at or below 80 percent of area median income.

Congressman Tierney, Bridgewell Announce More than $1.7 Million to Build Housing for Local Seniors...

Lynn, MA - July 26, 2010 - (RealEstateRama) -- Today, Congressman John Tierney (D-MA) announced that Bridgewell, a Lynnfield-based nonprofit, received a $1,715,000 grant from the U.S. Department of Housing and Urban Development, to build ten units of housing for local seniors and residents with developmental disabilities in Lynn. The program and apartments are designed to allow residents to live independently.

City Receives $1M in HUD Funding Bonus to Create Permanent Housing for Homeless

July 20, 2010 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that the Department of Neighborhood Development (DND) has recently been awarded a Permanent Housing Funding Bonus grant of more than $1 million by the U.S. Department of Housing and Urban Development (HUD) that will provide for permanent housing for 22 homeless families who are currently living in emergency shelter, or in hotels or motels

MARKEY ANNOUNCES $6 MILLION FOR AFFORDABLE HOUSING PRESERVATION IN MALDEN

MEDFORD, MA - June 24, 2010 - (RealEstateRama) -- Rep. Edward J. Markey (D-Malden) announced Monday that over $6 million in combined federal and state funding will soon be released for the preservation of 272 rental housing units, 251 of which will be set aside as affordable housing, for the City of Malden. The maintenance and restoration of these rental units will boost the availability of affordable housing in Malden, while creating jobs and fostering economic growth

MassHousing Awards $180,000 for Sober Housing and Services for Women

Funding will benefit sober housing programs in Roxbury, New Bedford and Tewksbury BOSTON, MA - May 12, 2010 - (RealEstateRama) -- MassHousing has awarded $180,000 in funding to help create new units of affordable sober housing for women in Roxbury and New Bedford and housing stabilization services for women in Tewksbury

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The Number of Massachusetts Homes Put Under Agreement Went Up in...

The Massachusetts Association of Realtors® (MAR) reported today that the number of single-family homes and condominiums put under agreement in the month of July experienced double-digit percent increases over the same time last year. The median price for pending home sales remained above the $400,000 for the third straight month. July's Hot Topic' question found that the vast majority of Realtors® reported that their clients are concerned about finding a home to buy after they sell.