Archives

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.

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.

Boston. MA - July 25, 2012 - (RealEstateRama) -- Preservation Housing Management, LLC (PHM) the property management company of nonprofit Preservation of Affordable Housing (POAH) has named Kevin Baptista Director of Business Development.

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.

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.

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) -- 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