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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

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

Second Phase of Major Renovation of the E. Henry Twiggs Estates in Springfield will...

MassHousing has provided $10.8 million in financing to the nonprofit developer Home City Development, Inc, to advance the second phase of the substantial rehabilitation of the 136-unit E. Henry Twiggs Estates in Springfield. The project will complete major renovations of 61 scattered-site apartments for low-income families in the Mason Square neighborhood of Springfield.

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).

MassHousing Awards $399,009 for Affordable Sober Housing to Support Men and Women in Recovery...

The grants come from the Center for Community Recovery Innovations, Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that helps nonprofits create or preserve affordable sober housing in Massachusetts for individuals in recovery. To date, CCRI has awarded more than $10 million in grants for the creation or preservation of more than 2,100 units of substance-free housing, in 50 communities, serving recovery populations that include men, women, families, veterans, the homeless and ex-offenders.

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.

The Massachusetts Association of Realtors® Charitable Foundation Donates $20,000 in Disaster Relief Aid to...

The Massachusetts Association of Realtors® Charitable Foundation announced today that the group is donating $20,000 to the National Association of Realtors® Realtor® Relief Foundation to fund rescue and recovery efforts underway in the areas of Texas most affected by Hurricane Harvey. All funds go to help Realtors® and others in need with temporary housing, mortgage payments and related expenses

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

Affordability Extended for Senior Citizens Living at Solemar at South Dartmouth through Refinancing of...

MassHousing has provided $17.6 million in affordable housing financing to the Claremont Companies for the refinancing of the 200-unit Solemar at South Dartmouth. The refinancing of the mixed-income senior citizen community preserves the affordability of the property’s 100 affordable units through 2034.

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What the heck is a condotel?

Have you ever dreamed of living in a hotel? Just imagine: You'd have housekeepers, valet drivers, room service and more -- all there to...

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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.