Yearly Archives: 2011

Markey, Brady, Schwartz Call For Increasing Size of Northeast Home Heating Oil Reserve

WASHINGTON, DC - December 29, 2011 - (RealEstateRama) -- Concerned that new analysis by the Department of Energy (DOE) shows that decisions by ConocoPhillips and Sunoco to idle or shutter completely three refineries in Pennsylvania could cause shortages and prices spikes of home heating oil for nearly 6 million families in the Northeast region, Representatives Edward J. Markey (D-Mass.), Robert A. Brady (D-Pa.), and Allyson Y. Schwartz (D-Pa.) today called on DOE Secretary Steven Chu to increase the size of the Northeast Home Heating Oil Reserve to two million barrels.

Markey, Kerry Praise Release of $21 Million in Home Heating Funds for Massachusetts

WASHINGTON, D.C. - December 23, 2011 - (RealEstateRama) -- Congressman Edward J. Markey (D-Malden) and Senator John Kerry (D-Mass.) today praised the Department of Health and Human Services (HHS)’s release of $845 million to states throughout the country through the Low Income Home Energy Assistance Program (LIHEAP). Massachusetts will receive $21 million, which in addition to the almost $78 million already released, brings the Commonwealth’s total to $99 million in FY2012.

Mayor Menino Announces Home for the Holidays

Boston, MA - December 23, 2011 - (RealEstateRama) -- Today, Mayor Thomas M. Menino presented an affordable housing voucher to a homeless family who will move into a new home this New Year and announced that 500 additional homeless families are receiving similar housing subsidies and stabilization services through a partnership between the Boston Housing Authority (BHA) and the state’s Department of Housing and Community Development (DHCD) called Home for the Holidays. The effort ensures that Mayor Menino’s “Leading the Way 3” initiative has reached its goal of reducing homelessness among Boston families by 50 percent

Mayor Domenic J. Sarno Recommends Fiscal Year 2012 Property Tax Rates to Springfield City...

December 14, 2011 - (RealEstateRama) -- Mayor Domenic J. Sarno announced today a recommendation of Fiscal Year 2012 property tax rates for consideration by the Springfield City Council at a meeting Scheduled for Friday, December 16, 2011. The rates would be $19.99 for residential and $39.53 for commercial, industrial, and personal property (CIP) (per $1,000 valuation). This recommendation has been developed in consultation with Chief Administrative and Financial Officer Lee Erdmann and Chairman of the City’s Board of Assessors Richard Allen

MassHousing Closes $2.7 Million for Tri-Town Landing Apartments in Lunenburg

BOSTON, MA - December 9, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $2.7 million in loans for the first phase of the Tri-Town Landing Apartments, a 66-unit rental development in a Smart Growth District in Lunenburg.


DANVERS, MA - December 8, 2011 - (RealEstateRama) -- With today’s broad awareness that green buildings offer lower operating costs, increased value and improved ROI, the U.S. Green Building Council’s LEED® (Leadership in Energy and Environmental Design) certification has become the framework of choice for achieving sustainability at commercial properties. Lighting, which accounts for 40 percent of energy use in office buildings, often dominates the opportunity for energy savings among all electrical systems and can potentially contribute up to 19 credits towards LEED certification, according to Encelium.

Architectural and Design History Writer Joins Barrett&Co Real Estate as Exclusive Staff Writer

Concord, MA - December 6, 2011 - (RealEstateRama) -- Rhines writes on architectural history and interior design as well as real-estate issues. Her articles have appeared in Old-House Journal, Old-House Interiors, Wayside Magazine, Style 1900, Arts & Crafts Homes & the Revival, and Antiques & the Arts Weekly. Prior to turning to freelance writing full-time, Rhines worked for over 15 years in public relations promoting affordable-housing initiatives at the Massachusetts Housing Finance Agency and the Federal Home Loan Bank of Boston, with articles appearing in Banker & Tradesman, Bay State Realtor, and various Federal Reserve Bank publications.

MassHousing Awards $300,000 for Affordable Sober Housing

BOSTON, MA - November 22, 2011 - (RealEstateRama) -- MassHousing has awarded $300,000 in financing to help create or preserve affordable sober housing in Brockton, Lowell, Springfield and Worcester.

MassHousing Honors 100 Property Management Companies for Their Commitment to Minority and Women-Owned Businesses

BOSTON, MA - November 22, 2011 - (RealEstateRama) -- MassHousing recently recognized the efforts of 100 property management companies that make a concerted effort to do business with Minority and Women-Owned Business Enterprises (M/WBEs).

Realtor Collette Lester integrates dynamic IDX solution onto professional real estate blog

EUGENE, OR - November 21, 2011 - (RealEstateRama) -- Collette Lester of Milbury and Company Real Estate has become the latest real estate professional to integrate a customized IDX solution onto her website, thanks to IDX, Inc. and the extraordinary IDX Broker software. Lester, an Massachusetts-based Realtor, now hosts a dynamic search page which extracts raw listing data from the Massachusetts MLS Property Info Network (MLSPIN) database and seamlessly syncs it to the comprehensive listings database she supports on her website. Potential buyers and clients are able to scan the MLSPIN listings knowing they have the most up-to-the-minute data from MLSPIN right on Lester’s website.

Tierney Continues to Push for Necessary Steps to Help Homeowners

Washington, DC - October 27, 2011 - (RealEstateRama) -- Today, Congressman John Tierney urged Acting Director Edward DeMarco of the Federal Housing Finance Agency (FHFA) to continue to take critical steps to prevent foreclosures and to push private lenders to provide relief. Earlier this week, the Administration announced that the FHFA would implement a series of policy changes that would allow more homeowners to access the Home Affordable Refinance Program ("HARP") to refinance their home mortgage.

Tierney Statement on Necessary Steps to Help Homeowners Stay in Their Homes

Washington, DC - October 26, 2011 - (RealEstateRama) -- Congressman John Tierney released the following statement in response to the Federal Housing Finance Agency (FHFA) decision to enact a series of changes to the Home Affordable Refinance Program (HARP) that will help more eligible borrowers refinance their home mortgage.

Metro Credit Union works with the City of Boston to prevent foreclosures and provide...

October 26, 2011 - (RealEstateRama) -- Metro Credit Union was recently approved as a lending partner for the Boston Home Center. Metro will collaborate with the Boston Home Center to develop and enhance mortgage programs aimed at placing homeowners in the most sustainable mortgages

Mayor Thomas M. Menino Joins Cardinal Sean P. O’Malley to Celebrate Opening of Affordable...

Boston, MA - October 20, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Cardinal Seán P. O’Malley, Archbishop of Boston, the Planning Office for Urban Affairs (POUA), Pine Street Inn, and a number of state and local officials to celebrate the grand opening of 18 apartments for formerly homeless individuals in Boston’s South End.

U.S. Reps. McGovern, Markey, LaTourette, Larson, Welch Call For Immediate Release of Home Heating...

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- With the Department of Energy (DOE) reporting an increase in the price for most heating fuels this winter, Congressmen Edward J. Markey (D-Mass.), James P. McGovern (D-Mass.), Steven C. LaTourette (R-Ohio), John B. Larson (D-Conn.), and Peter Welch (D-Vt.) today sent a letter to the Department of Health and Human Services (DHHS) calling on the Department of Health and Human Services to immediately release as much LIHEAP funding as possible under the current continuing resolution which expires November 18, 2011. With continued uncertainty over the final FY2012 funding levels for the Low Income Home Energy Assistance Program (LIHEAP), release of these funds means states will have the opportunity to help those with greatest needs now.


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