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Mayor Martin J. Walsh, HUD Deputy Secretary Nani Coloretti Announce $30 Million Grant to...

Mayor Martin J. Walsh today joined U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Nani Coloretti, the Boston Housing Authority, Department of Neighborhood Development, Preservation of Affordable Housing, Madison Park Development Corporation, elected officials, and Whittier Street housing development residents to announce a $30 million federal grant to support the revitalization

Private and Public Sources Have Invested $56 Million in Downtown Framingham

Downtown Framingham has experienced $56 million in investment from both public and private sources in the past few years, the Town of Framingham announced today. Those numbers include transportation and utility infrastructure upgrades as well as expansion by private businesses and nonprofit organizations. Last year, Special Town Meeting members approved new zoning plans, which has driven some of the new investment.

McGovern Announces $7.7 Million for Worcester Airport

Congressman Jim McGovern (MA-02) announced a $7,749,620 grant from the U.S. Department of Transportation (DOT) for the Worcester Regional Airport. The new federal funding will support additional taxiway construction and will help Massport to continue their work to grow Worcester Airport and increase its capacity to serve Central Massachusetts travelers.

Governor Baker Reviews Progress of MBTA Infrastructure Investments in Ashland

Governor Charlie Baker today visited a Keolis work site in Ashland to review the progress on infrastructure upgrades the MBTA is making as part of a larger effort the MBTA, its Fiscal and Management Control Board (FMCB) and leadership are making to improve service, access, accountability and reliability for riders and taxpayers. In Ashland and along the Framingham-Worcester Commuter Rail Line, the MBTA is replacing over 26,000 rail ties between March and early June, to allow more efficient travel and lift speed restrictions due to heat that have been in place since the MBTA obtained the line in 2012.

37 Community Development Corporations Awarded Community Investment Tax Credits

Governor Charlie Baker and Lt. Governor Karyn Polito are pleased to announce a total of $4.5 million in tax credit allocations to 37 Community Development Corporations (CDCs) under the Community Investment Tax Credit (CITC) program

Markey, McGovern Announce $63.7 Million for Massachusetts Water Infrastructure Projects

Congressman Jim McGovern (D-MA) and Senator Edward J. Markey (D-MA) announced that Massachusetts has been awarded $63.7 million by the Environmental Protection Agency (EPA) to help finance improvements to water projects that are essential to protecting public health and the environment.

AMERICAN REALTY ADVISORS SELLS THREE-BUILDING OFFICE COMPLEX IN PRIME BOSTON SUBMARKET

American Realty Advisors announced the sale of an office complex comprising 294,663 square feet located in Waltham, Massachusetts. The property, which was sold to a strategic buyer for an undisclosed amount, consists of three buildings that are situated in one of the Boston metro’s premier suburban markets, according to Scott Darling, President of American Realty Advisors

Baker-Polito Administration Approves Economic Development Projects Creating and Retaining 1485 Jobs

The Commonwealth’s Economic Assistance Coordinating Council (EACC) approved 16 projects for participation in the Economic Development Incentive Program (EDIP). These projects are expected to create 606 new jobs and retain 879 jobs throughout Massachusetts, while leveraging approximately $197.8 million in private investment

Governor Baker Grants $5 Million for Regional School Transportation Funding

Governor Charlie Baker announced today a $5 million investment in the Regional School Transportation Reimbursement Fund (RTR Fund) that supports student transportation efforts of 85 regional school systems throughout the Commonwealth. The Baker-Polito administration made the appropriation through a supplemental allotment to the RTR Fund for Fiscal Year 2015.

AG Healey Supports Legislation to Protect Vulnerable Homeowners Through Tax Foreclosure Reform

In an effort to protect vulnerable homeowners in Massachusetts, Attorney General Maura Healey’s Office today sent a letter to the Joint Committee on Revenue in support of legislation to improve the tax foreclosure process

Baker-Polito Administration Opens Fifth Annual Round of MassWorks Infrastructure Awards

Governor Charlie Baker and Lieutenant Governor Karyn Polito announced today the opening of the fifth annual round of the MassWorks Infrastructure Program. The competitive grant program invests in local infrastructure projects that leverage housing production and job creation across the Commonwealth

Senate Releases FY2016 Budget Proposal with Important Investments in Affordable Housing and Homelessness Prevention...

The Senate budget funds the Department of Housing and Community Development (DHCD) and other housing and homelessness prevention programs at $432.1 million.

House Releases FY2016 Budget Proposal with Significant Investments in Affordable Housing and Homelessness Prevention...

The House budget funds the Department of Housing and Community Development (DHCD) and other housing programs at $442.2 million. The budget includes increased investments in proven programs that help keep families in their homes and prevent homelessness, including

GOVERNOR PATRICK CELEBRATES COMPLETION OF FIRST HOUSING DEVELOPMENT INCENTIVE PROGRAM PROJECT IN CHELSEA

CHELSEA - May 15, 2014 - (RealEstateRama) -- Governor Deval Patrick today joined local officials at the ribbon cutting ceremony of Flats at 44, the first Housing Development Incentive Program (HDIP) project to be completed.

MassHousing Announces $2.2 Million in Loan Closings for the Greenway Apartments in East Boston

BOSTON - June 7, 2013 - (RealEstateRama) -- MassHousing has closed on $2.2 million in loans for the 27-unit Greenway Apartments, a newly constructed affordable housing community in East Boston

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Housing downturn isn’t just hard on sellers

For local real estate agents, it's survival of the fittest Part of the allure of the real estate market is the ability to make a...

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Pending Sales Maintain Steady Year-Over-Year Increases for Almost Four Years This...

The Massachusetts Association of Realtors® (MAR) reported today that ongoing buyer demand pushed pending sales up three percent over last year. Pending sales have been up 47 of the last 48 months, marking almost four years of positive gains in single family homes put under agreement. Realtors® confidence both in the market and in home prices was positive in February. This month’s “Hot Topic” question finds that the conversation of "tiny" houses has never come up between the majority of Realtors® and their clients