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Preservation Housing Management adds Business Development Director

Boston. MA - July 25, 2012 - (RealEstateRama) -- Preservation Housing Management, LLC (PHM) the property management company of nonprofit Preservation of Affordable Housing (POAH) has named Kevin Baptista Director of Business Development.

MassHousing Announces $7.7 Million Loan Closing for the Acquisition, Rehabilitation and Preservation of Affordable...

BOSTON, MA - December 7, 2010 - (RealEstateRama) -- MassHousing announced $7.7 million in loan closings today for the acquisition, rehabilitation and preservation of affordability of the 144-unit Harborview Towers in New Bedford.

PATRICK-MURRAY ADMINISTRATION ANNOUNCES ANOTHER RECORD YEAR FOR MASSHOUSING

BOSTON, MA - July 20, 2010 - (RealEstateRama) -- Governor Deval Patrick today announced that MassHousing had its single greatest lending year in the agency's 44-year history by providing more than $838 million for affordable housing in fiscal year 2010.This landmark year shattered MassHousing's previous record of $753 million in overall lending set just last year. MassHousing has posted four consecutive record years for home mortgage lending and more than doubled its lending in fiscal 2010 for affordable rental housing.

MassHousing Honors 12 Top-Producing Lenders for Their Commitment to Affordable Housing

BOSTON, MA - May 19, 2010 - (RealEstateRama) -- MassHousing recently honored 12 of its 2009 top-producing lending partners at the Agency’s annual Homeownership Awards Ceremony. The annual event recognizes MassHousing’s lending partners for their excellence in promoting and originating MassHousing Mortgage products for Massachusetts residents.

MassHousing Executive Director Thomas R. Gleason Selected to Serve on Fannie Mae’s Affordable Housing...

Will advise Fannie Mae on best practices to create affordable housing. BOSTON, MA - May 4, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been selected to serve on Fannie Mae’s inaugural Affordable Housing Advisory Council, which will advise Fannie Mae on how it can best support the creation of affordable housing.

MassHousing Executive Director Thomas R. Gleason Testifies Before House Committee on Financial Services on...

BOSTON, MA - April 14, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason testified before the House Committee on Financial Services in Washington, D.C., today, advocating for reform of Fannie Mae, Freddie Mac, and other socalled GSEs, and urging Congress to make sure future GSEs commit themselves to supporting affordable housing

MassHousing Executive Director Thomas R. Gleason Receives National Award for Preserving Affordable Housing for...

BOSTON, MA - March 16, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason was recently presented with the 2010 Friend of the Elderly Award by the California-based Retirement Housing Foundation for his longstanding efforts to preserve affordable housing for the elderly, economically disadvantaged families and people with disabilities.

Patrick-Murray Administration Targets $153.9 M Statewide to Build, Preserve Affordable Rental Housing

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

MassHousing Announces $5.9 Million in Loan Commitments for Affordable Rental Housing in Tyngsborough

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

Gov Patrick Highlights – Expiring Use – Rental Housing Law, Announces $150m Fund to...

New law, leveraging of public/private funds protects tenants. BOSTON, MA - November 30, 2009 - (RealEstateRama) -- Standing with housing and community leaders, Governor Deval Patrick today highlighted a law he signed last week to keep publicly-assisted rental properties affordable and announced the roll-out of a $150 million loan fund leveraged primarily through private dollars to support and secure long-term affordable housing preservation efforts.

MassHousing Preserves Affordable Housing in Fitchburg and Northampton

Owners of 140-unit Joseph’s House in Fitchburg and 86-unit St. Michael’s House in Northampton will seek to extend affordability for longest terms possible. BOSTON, MA - August 5, 2009 - (RealEstateRama) -- MassHousing announced loan commitments today of up to $6.8 million to preserve affordability at Joseph’s House in Fitchburg and up to $5.4 million to preserve affordability at St. Michael’s House in Northampton. O’Connell Senior Living LLC of Holyoke and SHPMa LLC, the owners of the apartment communities for low-income families, will seek to extend Section 8 contracts at Joseph’s House and St. Michael’s House for the longest terms possible.

Kerry, Kennedy Announce Massachusetts to Receive $50 Million for Affordable Housing Initiatives

BOSTON, MA - July 10, 2009 - (RealEstateRama) — Senators John Kerry and Edward Kennedy today announced that Massachusetts Department of Housing and Community Development would receive $50,814,102.00 from U.S. Treasury Department as part of the American Recovery and Reinvestment Act

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AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today