Massachusetts RealEstateRama

The Baker-Polito Administration announced awards to preserve three affordable housing developments in Worcester and Franklin. The $42 million in tax credit equity and subsidy from the Department of Housing and Community Development (DHCD) will fund the purchase and rehabilitation of the three developments and will maintain affordability of nearly all 559 housing units. These awards are part of the administration’s strategy to ensure the continuation of existing affordable housing across the Commonwealth

The Massachusetts Association of Realtors® (MAR) reported today both single-family and condominium saw a slight dip in sales in May from last year. Despite the drop, median home prices for both single-family homes and condominiums hit new all-time highs. Inventory also reached the lowest level for the month of May since MAR began recording the data in 2004.

Lieutenant Governor Karyn Polito joined local officials in Amesbury to celebrate the ribbon cutting at The Heights Amesbury, a new, mixed-income 240-unit housing development. The project is supported by a 2015 MassWorks Infrastructure Program award of $1.1 million for safety improvements along Route 150. Enhancements include signal upgrades, intersection modifications and new sidewalks to improve walkability and access

Over 400 Massachusetts Realtor® -members traveled to the State House on Wednesday to participate in the 32nd annual “Realtor® Day on Beacon Hill.” The annual lobbying day gave Realtors® the opportunity to discuss with their legislators the key issues that impact consumers, housing and the economy. The 2017 keynote address was provided byState Senator Karen Spilka (D – Ashland), Chair of the Senate Ways & Means Committee

Attorney General Maura Healey today announced that her office is awarding $90,000 in grant funding to organizations across the state to promote equal opportunity for women and minority workers and small business owners in the construction industry.

Governor Charlie Baker joined state housing and transit officials, local municipal officials and private sector development partners to break ground on 67 mixed-income, transit-oriented rental housing units adjacent to the Beverly Depot Commuter Rail station and garage

Attorney General Maura Healey today joined a coalition of 11 state attorneys general and the City of New York in filing a lawsuit against the Trump Administration for violating federal law by failing to implement critical energy efficiency standards that would save consumers and businesses an estimated $11.6 billion over a 30-year period.

Today Secretary Jay Ash joined Senator Julian Cyr, Representative Sarah Peake and Town Manager David Panagore to celebrate the ribbon cutting at Commercial Street in in Provincetown. In 2015, Provincetown received a $1.96 million award from the MassWorks program to complete a three-phase street reconstruction and storm-water mitigation plan.

The Massachusetts Department of Energy Resources (DOER) has announced its Solar Massachusetts Renewable Target (SMART) Program regulations, which will now go through a public comment period. Massachusetts boasts the second largest solar workforce in the country thanks to state initiatives like net metering and the SREC 2 program, and today’s announcement could be a first step in giving residents and businesses confidence in the Bay State’s continued commitment to progress.

A New Hampshire-based recycling and renewable energy company, its manager, and its operator have been sued for allegedly damaging protected wetland resources, illegally transporting and storing both solid and hazardous waste, and failing to report releases of hazardous material, Attorney General Maura Healey announced today.

The Baker-Polito Administration filed legislation to modernize and secure the Commonwealth’s information technology (IT) infrastructure and services, re-establishing the Massachusetts Office of Information Technology (MassIT) as the Executive Office of Technology Services & Security (EOTSS). Led by a Secretary of Technology, EOTSS will centralize IT infrastructure service across the executive department and review and update policies and procedures governing state cybersecurity, digital platforms and data management

On behalf of current and future home and property owners throughout the country, more than 9,600 REALTORS® traveled to Washington, D.C., in mid-May to advance key real estate issues during the 2017 REALTOR® Legislative Meetings & Trade Expo.

The owner of two Boston-based construction companies has been indicted on charges of workers’ compensation fraud in connection with failing to obtain workers’ compensation insurance, Attorney General Maura Healey announced today

Massachusetts Democratic Senators Edward J. Markey and Elizabeth Warren today asked Secretary of the Department of Health and Human Services to release the remaining ten percent of Low-Income Home Energy Assistance (LIHEAP) funds, amounting to approximately $300 million, to help families in Massachusetts and across the nation who need help heating and cooling their homes. construction scheduling

The City of Springfield is launching the Healthy Homes Program (HHP), which will make federal housing rehabilitation funds available to owners of 1-4 unit residential properties in the Memorial Square and Six Corners neighborhoods. HHP provides funds for home rehabilitation, abatement of lead, removal of asthma triggers, and improvement of energy efficiency. It is an integrated, whole-house approach that produces sustainable, green, healthy and safe homes.