MassHousing and Department of Housing and Community Development Announce Loan Closings on $9.3 Million...
BOSTON, MA - November 12, 2013 - (RealEstateRama) -- MassHousing and the state Department of Housing and Community Development (DHCD) announced $9.3 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Centerville, Haverhill, Paxton, Westhampton and Worcester.
HUD APPROVES DISASTER RECOVERY PLANS IN MASSACHUSETTS
WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today approved two disaster recovery plans in the Commonwealth of Massachusetts totaling $17.5 million to help local communities to recover from severe storms and tornadoes in 2011. These disaster plans will rely on grants provided earlier this year through HUD’s Community Development Block Grant (CDBG) Program.
Patrick Administration Announces 6 Million to Support New Housing for Homeless Veterans
CHELSEA - November 6, 2013 - (RealEstateRama) -- Continuing the Patrick Administration’s commitment to improving housing infrastructure to support growth and opportunity throughout the state, the Department of Housing and Community Development (DHCD) today announced $6 million in affordable housing resources to build 44 new units of housing for homeless veterans in three communities across the Commonwealth.
Needham Bank is a MassHousing Approved Lender
BOSTON - November 5, 2013 - (RealEstateRama) -- MassHousing announced today that Needham Bank is now an approved lender of MassHousing's family of affordable, fixed-rate, home loan products for low- and moderate-income homebuyers.
MassHousing’s Director of Public Safety Appointed to RoxMAPP Committee
BOSTON - November 5, 2013 - (RealEstateRama) -- Thaddeus Miles, MassHousing's Director of Public Safety, has been appointed to the Joint Industry Advisory Board for the newly formed Roxbury Massachusetts Advanced Polytech Pathway (RoxMAPP), a first-of-its-kind partnership between the Commonwealth of Massachusetts and the City of Boston to increase student achievement and prepare students at Roxbury Community College (RCC) and Madison Park Vocational Technical High School for success in a 21st century economy.
MassHousing’s Director of Public Safety Receives FBI Leadership Award
BOSTON - October 30, 2013 - (RealEstateRama) -- Thaddeus Miles, MassHousing's Director of Public Safety, has been awarded the FBI Director's Community Leadership Award for his public safety efforts at housing communities and their surrounding neighborhoods across Massachusetts.
Former Executive Director of Chelsea Housing Authority Charged with Conspiring to Defraud the United...
BOSTON - October 30, 2013 - (RealEstateRama) -- The former Executive Director and Assistant Executive Director of the Chelsea Housing Authority (CHA) as well as an inspection consultant were charged today for their roles in rigging the inspection process for federally-funded housing units at the CHA.
Mayor Menino and HUD Secretary Donovan Mark Start of $20.5m Transformation of Dorchester’s Quincy...
WASHINGTON, D.C. - October 24, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino today joined U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and the Dorchester community to celebrate the start of a massive revitalization of Dorchester’s Quincy Corridor. The $20.5 million grant is part of HUD’s Choice Neighborhoods Initiative
Active Summer Real Estate Market Pushed Close Sales and Prices up in September
WALTHAM, Mass. – October 22, 2013 – The Massachusetts Association of REALTORS® (MAR) reported today that both sales and prices closed up with double digit increases in September compared to the same time last year. The condominium market also maintained its upward momentum.
CITY OF SPRINGFIELD BEGINS IMPLEMENTATION OF THE UPDATED VACANT AND FORECLOSING PROPERTY REGISTRATION ORDINANCE
Springfield, MA - October 21, 2013 - (RealEstateRama) -- Mayor Domenic J. Sarno announced the beginning of the implementation of the City of Springfield’s updated ordinance requiring the registration of vacant and foreclosing properties to protect and preserve public safety, security, and the quiet enjoyment of occupants, abutters, and neighborhoods.
AG Statement on New Regulations Prohibiting Foreclosures During Loan Modification Process
BOSTON - October 18, 2013 - (RealEstateRama) -- Attorney General Martha Coakley issued the following statement in response to new regulations filed by the state’s Division of Banks that prevent lenders from foreclosing on a property if an application for a loan modification is in process
Boston, Massachusetts home search revolutionized with IDX solution on the real estate website of...
EUGENE, OR - October 18, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce Mario Pavli has adopted his own customizable IDX solution for his real estate website. Boston, Massachusetts home seekers can now find their dream home with the click of a mouse on the website Pavli hosts. Thousands of Massachusetts MLS Property Info Network (MLSPIN) detailed property listings are seamlessly integrated onto the website of Pavli, giving potential buyers a variety of homes available for home seekers to search through.
AG Coakley, Speaker DeLeo File Legislation Limiting Amount of Mandatory Flood Insurance for Homeowners
BOSTON - October 16, 2013 - (RealEstateRama) -- In an effort to assist homeowners facing significant flood insurance increases due to FEMA’s updated and expanded flood zone maps, Attorney General Martha Coakley and House Speaker Robert DeLeo have filed legislation today to cap the amount of flood insurance mortgage lenders may require of homeowners
AG Coakley Sues Alleged Foreclosure Relief Groups for Soliciting Illegal Fees, Taking More Than...
BOSTON - October 16, 2013 - (RealEstateRama) -- A group of businesses that advertised themselves as non-profit foreclosure prevention organizations was sued for allegedly soliciting and spending more than $350,000 in illegal advance fees from distressed homeowners, Attorney General Martha Coakley announced today
Rehabbed Properties Spur Turnaround of Blighted Neighborhoods in Brockton
BROCKTON - October 9, 2013 - (RealEstateRama) -- A year after touring an abandoned property that was being renovated through her Abandoned Housing Initiative (AHI), Attorney General Martha Coakley returned to meet the home’s new owner and tour another property that has since been rehabbed. Through the AHI program, almost 50 homes have now been renovated in Brockton, with property values of those homes rising an average 20 percent for a total increase of $1.2 million.