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Mayor Walsh Announces Newest Participants in Mayor’s Carbon Cup

Mayor Martin J. Walsh today recognized Boston Properties and Boston Medical Center as the two newest participants in the Greenovate Boston Mayor’s Carbon Cup. The recognition took place at the Green Ribbon Commission meeting, held this morning. The Mayor’s Carbon Cup recognizes the commitments of large organizations--hospitals, universities and commercial building portfolios--to reduce their greenhouse gas emissions intensity by 35 percent by 2020.

Boston Housing Authority awarded $2 Million from HUD and more than $1 Million from...

In an effort to help low-income residents find higher-paying jobs, the U.S. Department of Housing and Urban Development (HUD) announced a $2 million grant for the next four years to the Boston Housing Authority. BHA competed with 57 other applications across the nation to be one of nine agencies awarded a Jobs-Plus grant. The HUD funding comes with more than $1 million in matching funds through the City of Boston aimed at increasing education levels, job search and placement and financial literacy assistance for public housing residents.

MassHousing Approves $295,000 for Affordable Sober Housing in Massachusetts

BOSTON, MA - December 3, 2009 - (RealEstateRama) -- MassHousing has approved $295,000 in funding for the creation or preservation of affordable sober housing for men, women and veterans in Boston, New Bedford, Salem and Worcester. The MassHousing grants, ranging from $35,000 to $75,000, will come from the Center for Community Recovery Innovations, Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that creates and preserves affordable sober housing in Massachusetts for recovering substance abusers. CCRI to date has awarded more than $4 million in grants for sober housing for more than 1,000 units of substance-free housing in more than two dozen communities for men, women, families, veterans, the homeless and ex-offenders.

Going Green: Mayor Menino launches first phase of Renew Boston

June 24, 2009 - (RealEstateRama) — Strategy sets ambitious goal to reduce City’s greenhouse gas emissions by 40,000 metric tons annually and create 100 green-collar jobs In the third of four major announcements this week to advance the City’s green agenda, Mayor Thomas M. Menino today launched the $200,000 Renew Boston Residential Energy Efficiency Pilot Program in partnership with Next Step Living, Inc., a new Boston-based company that specializes in residential energy efficiency services to lower energy costs for homeowners and green the environment. Joined by Jim Hunt, Chief of Environment and Energy Services for the City of Boston, and Geoff Chapin, CEO of Next Step Living, Mayor Menino congratulated Dorchester resident and homeowner Crystal Haynes for being the first person to take advantage of this innovative partnership.

MassHousing Honors Bank of America for Lead Paint Removal Lending

BOA was 2008 top producing lender of MassHousing’s Get the Lead Out Program BOSTON, MA June 3, 2009 - (RealEstateRama) — MassHousing recently honored Bank...

Mayor Awards $15.7M in Loans to First Boston Invests in Growth Projects

Says City Will Apply for Additional Federal Funds to Help Move Stalled Development Projects Forward. June 01, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced the City has committed to issue the first Boston Invest in Growth loans, enabling important developments to move forward in three Boston neighborhoods, including a new shopping center in Hyde Park; a neighborhood market in South Boston, and a brand new hotel in the City’s Theater District. The three projects represent a $230 million economic investment, and are expected to generate more than 650 new permanent jobs and hundreds more construction jobs in Boston.

MassHousing Honors Seven Lenders for Their Commitment to Affordable Housing

Bank of Canton recognized as top producing lender and top minority lender. BOSTON, MA - May 21, 2009 - (RealEstateRama) — MassHousing recently honored seven of the agency’s top-producing lending partners for 2008 during its annual Home Ownership Awards Ceremony.

Governor Patrick Announces Free Homebuyer Fairs and Open Houses to Promote Affordable Homeownership Opportunities...

BOSTON, MA - April 27, 2009 - (RealEstateRama) — As part of his Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced today that the latest series of free “Opportunity Knocks’’ regional homebuyer fairs and open houses to promote affordable homeownership opportunities in Massachusetts will held on Saturday, May 2, and Saturday, May 9, at 10 shopping malls across Massachusetts.

Boston Hosts Second Homeowner Foreclosure Prevention Workshop

April 07, 2009 - (RealEstateRama) — Mayor Thomas M. Menino, together with the Boston Home Center, today hosted hundreds of residents at the City's second Homeowner Foreclosure Prevention Workshop in an effort to connect some of Boston's most vulnerable homeowners with their mortgage servicer to see if they can avoid foreclosure. Today's event, held at Madison Park High School in Roxbury, drew seven servicers, eight non-profit housing organizations, and more than 200 homeowners.

HUD and EPA Enforcement Action Leads to $2.25 Million Settlement from Real Estate Companies

Boston, MA - March 30, 2009 - (RealEstateRama) — A large, Boston-based real estate corporation, The Community Builders, Inc. (TCB), and nearly two dozen associated property owners have agreed to pay a $200,000 penalty and spend more than $2 million in lead paint abatement work at residential properties to settle an enforcement action brought by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Housing and Urban Development (HUD).

River Works Credit Union is a MassHousing Approved Lender

BOSTON, MA - December 29, 2008 - (RealEstateRama) — MassHousing announced today that River Works Credit Union in Lynn is now an approved lender...

Governor Patrick Lauds Expansion of Renewable Eenergy Industry and State Use of Solar and...

BOSTON– Monday, April 7, 2008 – Governor Deval Patrick today made two announcements relative to renewable energy in Massachusetts – a second phase of...

Commercial Real Estate Braces for Roller Coaster Ride as we Head Into 2008, According...

As companies sit on their hands and adopt a 'wait-and-see' approach, the economy poises itself for a resolution: How deeply will the rollicking financial...

MINTZ LEVIN ESTABLISHES PRACTICE GROUP DEDICATED TO SUBPRIME MARKET CRISIS

Multi-disciplinary Group Advises Clients on Full Range of Legal Issues in Wake of Subprime Market's Collapse  BOSTON, MA - December 3, 2007 - Responding to an...

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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