News
| Property, Rentals, Transactions |
February Massachusetts 2010 REALTOR® Market Index up Almost 100 percent Compared to the Same Time Last Year
March 16, 2010 Posted by Massachusetts RealEstateRama
WALTHAM, MA - March 16, 2010 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) today announced that for the second month in a row members reported solid improvement in market conditions over February 2009 according to results of the February 2010 Massachusetts REALTOR® Market Index (RMI). REALTOR® members also feel that prices are trending in a positive direction.
MassHousing Unveils New Website for Rental Housing Business Partners
February 16, 2010 Posted by Massachusetts RealEstateRama
BOSTON, MA - February 16, 2010 - (RealEstateRama) — February 16, 2010 – As part of an ongoing effort to make it easier for the rental housing industry to interact with the Agency, MassHousing launched masshousingrental.com, a new website that consolidates information, documents, and applications for the Agency’s rental housing business partners to one location. Masshousingrental.com is part of a larger effort to make it easier and more efficient for property owners and managers, rental housing developers, general contractors, auditors and other rental housing partners to do business with MassHousing. Previously, MassHousing’s business partners had to visit one of four Agency websites to conduct different types of business.
Patrick-Murray Administration Targets $153.9 M Statewide to Build, Preserve Affordable Rental Housing
January 11, 2010 Posted by Massachusetts RealEstateRama
January 11, 2010 - (RealEstateRama) — As part of the Patrick-Murray Administration’s Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick and Lieutenant Governor Timothy Murray were in New Bedford today to announce that the state will invest $153.9 million in resources leveraged from various affordable housing programs, American Recovery and Reinvestment Act funds, and private investment to support 26 projects in 17 communities across the state. When completed, those projects will create or preserve 1,305 rental homes, 1,147 of which will be affordable to low-and moderate-income working families and individuals, including 144 units set aside for families transitioning to permanent housing from homelessness
Massachusetts Association of REALTORS Charitable Foundation Makes $3,000 Donation to ‘Homes for our Troops’
December 15, 2009 Posted by Massachusetts RealEstateRama
WALTHAM, MA - December 15, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® Charitable Foundation made a $3,000 donation to Homes for Our Troops, a national non-profit organization that provides homes at no cost to severely injured Servicemen and Servicewomen and their immediate families. The donation was presented to Homes for Our Troops at the “Build Brigade” for the construction of the home for Army Sergeant Michael Downing on Friday, December 11, 2009 in Middleboro. Downing was on his second deployment when he was left a double amputee after an IED explosion in Afghanistan in September 2008.
MassHousing Announces $5.9 Million in Loan Commitments for Affordable Rental Housing in Tyngsborough
December 3, 2009 Posted by Massachusetts RealEstateRama
BOSTON, MA - December 3, 2009 - (RealEstateRama) — MassHousing announced loan commitments today of up to $5.9 million for the development of Maple Ridge, a 72-unit affordable rental community in Tyngsborough
Apartment Complex Owner Pays Fine for Failing to Warn Tenants about Lead Paint in Springfield, Mass.
November 30, 2009 Posted by EPA
Boston, MA - November 30, 2009 - (RealEstateRama) — The owner of a 25-unit apartment building in Springfield, Mass. has agreed to pay a fine of $10,000 to settle an EPA enforcement action alleging violations of federal lead-based paint disclosure requirements.
Mayor Menino Celebrates Grand Opening of Dudley Village Homes
August 10, 2009 Posted by Massachusetts RealEstateRama
$20M Transformation Provides New Rental Housing for Families in Dorchester. August 10, 2009 - (RealEstateRama) — Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Evelyn Friedman today joined the Dorchester Bay Economic Development Corporation (DBEDC), the Dudley Street Neighborhood Initiative (DSNI), and community members to celebrate the grand opening of Dudley Village Homes in Dorchester. In total, the project brings 50 much-needed affordable rental units for low-income residents in the Dudley Street Neighborhood Initiative (DSNI) core area. Mayor Menino said this five-building $20 million transformation of Dudley Street was made possible in part by a DND contribution of more than $2 million, and is subject to a 99-year land lease agreement with DSNI.
MassHousing Announces $1 Million Loan Commitment for the Acquisition and Redevelopment of Longhill Gardens in Springfield
June 25, 2009 Posted by Massachusetts RealEstateRama
Demolition and renovation of severely distressed housing will result in 109 units of quality rental housing, of which 88 units will be for low-income families. BOSTON, MA - June 25, 2009 - (RealEstateRama) — MassHousing announced today that it will loan up to $1 million to WinnDevelopment of Boston for the acquisition and renovation of Longhill Gardens in Springfield, which will result in 109 renovated units of quality rental housing.
