Massachusetts RealEstateRama

Boston, MA - July 12, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino, First Lady Diane Patrick, and community partners joined The Home for Little Wanderers today for a ribbon cutting to celebrate the opening of the Home’s new child and family service agency program, Roxbury Village. After a year-long renovation, Roxbury Village will now provide stable housing and support for young adults aged 18-22 in Roxbury. This program is designed to help young men and women who are about to be discharged from state systems of care, have already left the system, or are currently at risk of being homeless.

BOSTON, MA - July 9, 2012 - (RealEstateRama) -- MassHousing announced a $2 million permanent loan closing today for the Ocean Shores Apartments, a 97-apartment affordable rental community for residents over age 55 in Marshfield.

BOSTON, MA - July 9, 2012 - (RealEstateRama) -- MassHousing announced a $10.1 million loan closing today that will preserve the affordability at BF Faulkner Tower in Somerville, a 130-apartment affordable housing community for senior citizens.

BOSTON - July 5, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed on $4.4 million in financing to help construct Cheriton Heights Senior Housing in West Roxbury, a new 70-apartment affordable housing community for senior citizens in West Roxbury.

WALTHAM, MA - June 26, 2012 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that May single-family home sales increased again compared to the same time last year for the 11th straight month. Condominium sales were also up from May 2011. Single-family median prices were down compared to last year while condominium median prices rose for the third straight month.

BOSTON - June 25, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed on $5.8 million in financing for 72 affordable apartments at the Maple Ridge Apartments, a rental community in Tyngsboro.

BOSTON - June 21, 2012 - (RealEstateRama) -- Senators John Kerry and Scott Brown, along with Congressmen James McGovern and William Keating, announced today that five organizations across Massachusetts will receive over $1.5 million from the U.S. Department of Labor to provide homeless veterans in Massachusetts the job training to help them succeed in civilian careers

BOSTON - June 21, 2012 - (RealEstateRama) -- There's no question that many older subsidized apartment communities could be more energy efficient. Financing for improvements that reduce utility costs has often been hard to come by, however, since it is difficult to quantify the savings until they materialize.

June 7, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that Boston Properties’ Atlantic Wharf, Boston’s first green skyscraper has been designated LEED Platinum under the U.S. Green Building Council’s (USGBC) LEED Core & Shell program. Roger Platt, Senior Vice President, Global Policy & Law for the USGBC presented the LEED Platinum plaque to Bryan Koop, Senior Vice President & Regional Manager of Boston Properties and Boston’s Mayor Thomas Menino at a ceremony at Atlantic Wharf located on the Fort Point Channel near Boston’s Innovation District

BOSTON, MA - May 29, 2012 - (RealEstateRama) -- The Dorchester House Apartments (a.k.a. The James Kelly House Apartments), a 91-unit apartment complex for Dorchester Seniors will continue to provide affordable rents well into the future thanks to a new loan from MassHousing, the state's affordable housing bank

BOSTON - May 21, 2012 - (RealEstateRama) -- MassHousing has awarded $350,000 in financing to help create 47 new units of affordable sober housing in Boston, Chelmsford, Somerville and Westford

Beverly, MA - May 17, 2012 - (RealEstateRama) -- Lieutenant Governor Timothy Murray today announced $105 million in affordable housing resources and tax credits to support the construction of 36 housing developments in 28 communities across the Commonwealth. The announcement was made at the Pleasant Street Apartments for veterans in Beverly, which is receiving $2.5 million. The projects will build or preserve 2,196 housing units and create an estimated 3,000 construction jobs.

April 24, 2012 - (RealEstateRama) -- Mayor Menino today kicked off the “You Have Rights” public education campaign that aims to raise awareness about tenant rights and the importance of reporting substandard housing without fear of retribution. The campaign follows the evacuation of residents at 25 Harrison Avenue, the Chinatown building that was found in February to be housing tenants in unsafe living conditions. It is estimated that just over 67% of the occupied housing units in the City of Boston are renter-occupied.

BOSTON, MA - April 3, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $9.1 million to preserve affordability for predominantly low-income senior citizens and some disabled residents at the 100-unit Wait Street Apartments in Boston.

BOSTON, MA - March 27, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed a $6.1 million loan for the acquisition, preservation and renovation of the 45-unit Lucerne Gardens in Dorchester.