Archives

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.

March 27, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino hosted hundreds of homeowners and potential homebuyers at the Boston Home Center’s Housing Expo at the Perkins Community Center where he launched the new $3M 3D Campaign. The 3D Campaign is designed to preserve Boston’s iconic triple-deckers.

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.

BOSTON, MA - March 19, 2012 - (RealEstateRama) -- Senators John Kerry and Scott Brown, along with Congressmen Edward Markey, John Olver, James McGovern, and Stephen F. Lynch, today announced that Massachusetts will receive more than $3.5 million from the U.S. Department of Housing and Urban Development (HUD) for housing counseling services.

BOSTON, MA - February 16, 2012 - (RealEstateRama) -- MassHousing has awarded $68,213 in financing to help preserve affordable sober housing in Falmouth and for support services for existing sober housing in Boston.

BOSTON, MA - February 15, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $14.5 million to preserve affordability for senior citizens and low-income families at the 161-unit Marcus Garvey Apartments in Roxbury.

Washington, DC - January 31, 2012 - (RealEstateRama) -- Congressman Edward J. Markey, Congressman John Tierney, and a bipartisan group of more than 100 lawmakers sent a letter urging President Barack Obama to fund the Low Income Home Energy Assistance Program (LIHEAP) at the FY2011 level of $4.7 billion. Funding for LIHEAP in FY2012 was cut by 24 percent, to $3.47 billion.

WASHINGTON, D.C. - January 30, 2012 - (RealEstateRama) -- Congressman Edward J. Markey (D-Mass.), longtime Congressional champion of providing assistance to low-income families to heat and cool their homes and dean of the Massachusetts Congressional delegation, was joined by a bipartisan group of 102 lawmakers in a letter urging President Barack Obama to fund the Low Income Home Energy Assistance Program (LIHEAP) at the FY2011 level of $4.7 billion. Rep. Markey led the letter with Representatives Lou Barletta (R-Pa.), James McGovern (D-Mass.), Peter King (R-N.Y.), Peter Welch (D-Vt.), Michael Grimm (R-N.Y.), John Larson (D-Ct.) and Jim Gerlach (R-Pa.). Funding for LIHEAP in FY2012 was cut by 24 percent, to $3.47 billion.

Washington, DC - January 18, 2012 - (RealEstateRama) -- Today, Congressman John Tierney and Oversight and Government Reform Committee Ranking Member Elijah Cummings called on Committee Chairman Darrell Issa to subpoena documents that Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco committed to share with the Committee in November. Congressman Tierney originally requested the documents during a November 16, 2011 Committee hearing in which DeMarco claimed his agency's refusal to push banks to keep families in their homes through loan modifications was based on its own thorough analytics. Tierney called into question the validity of such an analysis which would be counter to recommendations by others in the field. FHFA has failed to produce a single document in response to this request over the last two months.

January 10, 2012 - (RealEstateRama) -- The City of Springfield has issued Requests for Proposals (RFP’s) for purchase and redevelopment of three historic homes in the Maple Street area. These vacant and deteriorated houses have been negatively impacting the neighborhood,” said Mayor Domenic J. Sarno. “We are excited to have the potential of their redevelopment while preserving Springfield’s historic assets. The City is especially interested in proposals where the end use is an owner-occupied home.”

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.

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.

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

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

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.