Yearly Archives: 2010

BOSTON, MA - December 24, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Boston announced that three Massachusetts initiatives will receive more than $6.2 million in grants, loans, and interest-rate subsidies through its Affordable Housing Program. These funds will be used to finance 139 units of affordable rental housing for households earning at or below 80 percent of area median income.

BOSTON, MA - December 23, 2010 - (RealEstateRama) -- A Melrose-based realty trust and its manager violated Massachusetts law by allegedly posting a discriminatory rental advertisement on the popular classified advertising website Craigslist.org (“Craigslist”), according to a lawsuit filed by AG Coakley’s Office. The complaint, filed in Suffolk Superior Court against Mt. V.M. Realty Trust (“Mt. V.M.”) and Nicholas Keramaris, alleges that they violated state anti-discrimination, lead paint, and consumer protection laws by placing an advertisement on Craigslist which referred to the lead status of an apartment and refused to rent it to families with young children

BOSTON, MA - December 22, 2010 - (RealEstateRama) -- MassHousing announced a $2.2 million loan closing today for the acquisition and preservation of affordability of the 125-unit Lincoln Woods in Lincoln.

December 16, 2010 - (RealEstateRama) -- Today the Boston City Council approved a proposal by Mayor Thomas M. Menino to encourage the use of solar technologies by reducing building permit fees for building owners implementing solar photovoltaic rooftop technologies. The new solar permitting fees are the latest initiative in the mayor’s plan to make Boston one of the greenest cities in America. The City has also developed an online Solar Map and released a comprehensive Solar Permitting Guide that aim to streamline the design and permitting process and motivate property owners to install solar systems.

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.

BOSTON, MA - December 6, 2010 - (RealEstateRama) -- MassHousing was honored with an All Inclusive Award in the category of Supplier Diversity by Color Magazine for the Agency’s dedication and success in promoting the use of Minority and Women-Owned Business Enterprises (M/WBEs).

WASHINGTON, D.C. - December 1, 2010 - (RealEstateRama) -- Representative Edward J. Markey (D-Mass.) today led a letter, cosigned by 62 of his colleagues in the House of Representatives, calling for funding the Low-Income Home Heating Assistance Program (LIHEAP) through September 30, 2011 at least at the FY2010 levels of $5.1 billion – the highest funding level in the history of the program.

December 1, 2010 - (RealEstateRama) -- City officials, Governor Deval Patrick, and Nuestra Comunidad Development Corporation today celebrated the continued revitalization of the Blue Hill Avenue corridor at a ribbon cutting ceremony for Nuestra’s $22 million mixed-use development at the former Kasanof Bakery site in Roxbury, dedicated today as the Thomas I. Atkins Apartments.

BOSTON, MA - November 26, 2010 - (RealEstateRama) -- A local mortgage broker has pled guilty in connection with participating in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in the Greater Boston area, Attorney General Martha Coakley’s Office has announced.

BOSTON, MA - November 19, 2010 - (RealEstateRama) -- A real estate investor and a local mortgage broker have pled guilty for their roles in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in the Greater Boston area, Attorney General Martha Coakley’s Office has announced.

WORCESTER, MA - November 17, 2010 - (RealEstateRama) -- An Oxford man has been sentenced to State Prison after pleading guilty in Worcester Superior Court for his role in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in numerous real estate transactions involving distressed properties in the Worcester County area, Attorney General Martha Coakley’s Office announced today.

EUGENE, OR - November 17, 2010 - (RealEstateRama) -- Boston, Massachusetts homes just became easier to search for online, with the latest partnership between IDX, Inc. and real estate agent Laura Cahill. Massachusetts MLS (MLSPIN) property listings are now conveniently displayed on the website of Cahill, giving her clients access to thousands of detailed property listings, which they can search through. Cahill, the number one real estate agent in Milton, has once again made the right decision for her real estate business and for her clients, by adding a customizable IDX solution to her professional website.

BOSTON, MA - November 16, 2010 - (RealEstateRama) -- MassHousing has awarded $453,037 in financing to help create or preserve more than 100 units of affordable sober housing in eight communities across Massachusetts.

November 8, 2010 - (RealEstateRama) -- Mayor Menino today welcomed new homeowners to Twenty at Luma, the final phase of the Boston Housing Authority’s Orchard HOPE VI Redevelopment effort. Currently, seven families have moved in and others are due to be moving in during the next few weeks.

Washington, D.C. - November 5, 2010 - (RealEstateRama) -- The Department of Energy announced yesterday that as of September 30, 2010, Massachusetts has weatherized more than 6,900 homes with funding from the American Recovery and Reinvestment Act Recovery Act, plus more than 2,800 additional homes with annual funding for the weatherization program. In total, the state has already weatherized more than 9,700 homes since the Recovery Act began. As a result of this progress, the state will now have access to an additional $61 million in Recovery Act weatherization funding to continue providing energy efficiency services to Massachusetts’ low-income families.