Archives

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino today announced the City of Boston’s intentions to acquire 585 Commercial Street as a site to be used for a new downtown school, expected to open in September 2016. Design for the new downtown school will begin in Fall 2013, with construction expected to begin in June 2015. The Commercial Street facility will be used over the next two years as swing space for the Eliot K-8 School, as that school is expanded to the North Bennett Street School at 37-39 North Bennet St. and 48-52 Tileston St. in the North End. Eight classrooms and public space will serve Eliot students in grades 5-8 through June 2015

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Accountable Care Associates today announced the relocation of its new corporate headquarters to One Monarch Place in downtown Springfield. Springfield Mayor Domenic J. Sarno, is excited by the prospect. “With the addition of Accountable Care Associates, a homegrown company, the Springfield revival continues,” Sarno stated. A ceremony will take place Thursday, March 28th at 1pm at the company’s offices on the 10th floor.

BOSTON - March 11, 2013 - (RealEstateRama) -- A former Quincy man, now living in New Hampshire, was convicted yesterday for carrying out two elaborate tax evasion schemes and theft of federal housing assistance funds.

BOSTON - March 8, 2013 - (RealEstateRama) -- MassHousing has honored its 2012 top-producing home mortgage lending partners for their commitment to low- and moderate-income homebuyers while helping MassHousing achieve a record lending year for homeownership with more than $1 billion in loans

BOSTON - February 28, 2013 - (RealEstateRama) -- A Boston area property owner has agreed to pay $75,000 and delead his rental units, resolving allegations that he engaged in a pattern of unlawful and retaliatory practices against tenants with young children in order to avoid his obligation to comply with state lead paint laws, Attorney General Martha Coakley announced today

WALTHAM, MA - February 26, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today a strong start to the 2013 Bay State real estate market with median home prices going up for the fourth straight month with home sales also closing up for the 19th straight month. Condominium median home prices and closed sales were also up in January.

BOSTON - February 20, 2013 - (RealEstateRama) -- The former executive director of the Chelsea Housing Authority was convicted today of falsely reporting his salary in annual budgets required by the U.S. Department of Housing and Urban Development (HUD) and the Massachusetts Department of Housing and Community Development.

WALTHAM, MA - February 20, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that REALTORS® started out 2013 very confident in the real estate market as the REALTOR® Market Confidence Index (RMCI) and REALTOR® Price Confidence Index (RPCI) both hit all-time highs in January. REALTOR®-members generally believed more buyers would enter the market if interest rates were to go up at least one percentage point over the next six months

WASHINGTON, D.C. - February 18, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Sheila Dillon announced today that more than $8.4 million in affordable housing resources and tax credit funding from the Commonwealth of Massachusetts’ Office of Housing and Economic Development will jumpstart three Boston affordable housing developments: Jackson Commons in Jamaica Plain, Roxbury Crossing Senior Housing in Roxbury, and Phase One of the redevelopment of St. Kevin’s in Dorchester

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- HUD’s new rental assistance program to prevent homelessness or unnecessary institutionalization for low-income persons with disabilities; Funding announcement aligns with Patrick-Murray Administration’s goals towards increasing supportive housing

WASHINGTON, DC - February 13, 2013 - (RealEstateRama) -- To prevent thousands of people with disabilities from experiencing homelessness or unnecessary institutionalization, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Health and Human Services (HHS) today announced nearly $98 million in funding for 13 state housing agencies for rental assistance to extremely low-income persons with disabilities, many of whom are transitioning out of institutional settings or are at high risk of homelessness

REVERE - February 7, 2013 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s commitment to improving housing infrastructure to support growth and opportunity throughout the Commonwealth, Secretary of Housing and Economic Development Greg Bialecki today announced $67 million in affordable housing resources and tax credits for 23 developments in 21 communities.

REVERE - February 7, 2013 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s commitment to improving housing infrastructure as a means to growing local businesses and improving communities, Secretary of Housing and Economic Development Greg Bialecki today announced $67 million in affordable housing resources and tax credits for 23 developments in 21 communities across the Commonwealth

BOSTON - February 7, 2013 - (RealEstateRama) -- MassHousing and the Department of Housing and Community Development (DHCD) announced $8.2 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Brockton, Danvers, Gloucester, Newburyport, Somerville and Truro.

BOSTON, MA - February 4, 2013 - (RealEstateRama) -- A real estate developer has been sued for allegedly taking more than $200,000 in advance payments for new, single-family homes in Sharon that were never provided, and refusing to return the deposits, Attorney General Martha Coakley announced today.