Massachusetts RealEstateRama

BOSTON, MA - November 28, 2012 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create 27 new units of affordable sober housing in Worcester.

November 13, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino today announced a $97,000 grant to the New England Center for Homeless Veterans and called on property owners to rent an apartment to a hero looking for a place to call home. The grant, funded by the City’s Department of Neighborhood Development, will enable the New England Center for Homeless Veterans to find affordable apartments for veterans, especially those who have been issued a VASH (Veterans Affairs Supportive Housing) voucher, used for rental assistance, case management and clinical services. Since 2009, Boston has successfully housed 292 formerly homeless veterans with VASH vouchers.

November 7, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino, BHA Administrator William McGonagle and Beacon Communities Development President Pam Goodman announced today the groundbreaking for Phase Two of the redevelopment of the Old Colony public housing development in South Boston.

November 6, 2012 - (RealEstateRama) -- The City of Springfield announced today that it will be releasing a pair of Request for Proposals (RFP) on Wednesday, November 7, 2012, for two tornado damaged properties in the South End. Both the historic Armory Building at 29 Howard Street and the Howard Street School Building (aka former Zanetti School) at 59 Howard Street will be made available through the public proposal process.

BOSTON , MA - November 2, 2012 - (RealEstateRama) -- MassHousing announced $33.4 million in construction loan closings today for Phase Two A and Phase Two B of the Old Colony public housing redevelopment in South Boston.

October 30, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino today announced City officials will work closely with home and business owners affected by Hurricane Sandy in an effort to reopen local businesses and get people back to work. In addition to providing resources to affected businesses, Boston Home Center staff will be working with homeowners and senior homeowners to help facilitate any necessary renovations due to the storm.

BOSTON - October 25, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed $50.6 million in financing for the acquisition and preservation of four affordable housing developments in Boston, Beverly, Maynard and Medfield.

October 17, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that Northeastern University has purchased 320 Huntington Avenue from the Greater Boston YMCA, and signed a 20-year lease allowing 67 units of transitional housing to continue to operate in the “Hastings Wing” of the building.

BOSTON, MA - October 3, 2012 - (RealEstateRama) -- MassHousing and the Department of Housing and Community Development (DHCD) announced $2.35 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Acton, Lunenburg and Springfield

BOSTON - October 1, 2012 - (RealEstateRama) -- MassHousing announced today that it provided nearly $1 billion in financing for affordable housing in fiscal year 2012, setting a new one-year lending record.

BOSTON - September 21, 2012 - (RealEstateRama) -- MassHousing's Peter Milewski was inducted today into the New England Mortgage Bankers Conference Hall of Fame for his more than 40 years of excellence in mortgage banking.

WALTHAM, MA - September 11, 2012 - (RealEstateRama) -- September 11, 2012 – The Massachusetts Association of REALTORS® (MAR) reported today that activity continued to be strong in the summer as the number of single-family homes and condominiums put under agreement were up again in August. This is the 16th straight month that the number of single-family homes and condominiums put under agreement increased from the previous year. Pending figures are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.

Washington, DC - August 1, 2012 - (RealEstateRama) -- Congressman John Tierney today released the following statement in response to the decision by Federal Housing Finance Agency Acting Director Ed DeMarco to forbid Fannie Mae and Freddie Mac from reducing principal on mortgages even though utilizing principal reductions could save Fannie Mae and Freddie Mac as much as $3.6 billion, save U.S. taxpayers up to $1 billion on a net basis, and help up to 497,000 homeowners. The Department of the Treasury also issued a letter today calling on FHFA Acting Director Ed DeMarco to reconsider his decision.

BOSTON, MA - July 17, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed nearly $168 million in financing for the sale of a portfolio of affordable housing developments in what is the largest affordable housing transaction in MassHousing’s 46-year history.

Springfield, MA - July 17, 2012 - (RealEstateRama) -- Let the bidding begin! The City of Springfield will turn up the heat with their summer real estate auction to be held on Tuesday, July 31, 2012, at 6:00 p.m., at Springfield City Hall. With 44 City owned parcels slated for the auction block, this auction boasts to be one of the largest property portfolios the City has released for sale by public auction. Registration for individuals wishing to bid will open one hour prior to the start of the auction, at 5:00 p.m. Auction participation requires bidders to come prepared with a certified or bank check, made out to themselves, in the amount of Five Thousand Dollars ($5,000.00) per property.