MassHousing announced it has closed on approximately $19 million in affordable and workforce housing financing to Trinity Financial, Inc., which is developing the 111-unit Phase Two of the Enterprise Center in downtown Brockton, MA, for residents with a wide range of incomes.
WinnCompanies announced it filed a Letter of Intent (LOI) with the Boston Planning and Development Agency (BPDA) for the first phase of the redevelopment Mary Ellen McCormack Public Housing Community in South Boston.
The Massachusetts Department of Housing and Community Development posted a Notice of Funding Availability for the 2021 mini round rental competition.
The Massachusetts Department of Housing and Community Development (DHCD) will hold a virtual public hearing on proposed amendments to the 2020-2021 QAP at 11 a.m. ET on May 13. Register by emailing Bertha Borin.
The Massachusetts Department of Housing and Community Development posted two NOFAs: one for the Community Scale Housing Initiative (CSHI) and another for the Rental Housing Rapid Production Initiative (RHRP).
Massachusetts Governor Charlie Baker (R) signed an Act Enabling Partnerships for Growth (H. 5250), which includes doubling the annual allocation of state LIHTCs from $20 million to $40 million through January 1, 2025. The bill also makes more than $625 million in capital authorizations, as well as policy provisions to boost economic growth.
The Massachusetts Historical Commission (MHC) Round 27 of the Massachusetts Preservation Projects Fund (MPPF) grant program application process is underway. MPPF Applications are due on March 19, 2021 and anticipated funding is in the range of the previous grant round of $800,000.
The Massachusetts Historical Commission announced that round 27 of the Massachusetts Preservation Projects Fund (MPPF) grant program has been scheduled. It is anticipated that funding will be in the range of the previous grant round, which was $800,000. Applications are due March 19, 2021.
The National Housing Trust and Climate Central released an analysis evaluating the risk to affordable housing from flooding related to sea-level rise over the next 30 years. The report found, among other items, that the number of affordable rental apartments at risk from coastal flooding and sea-level rise is expected to more than triple during the next three decades.
MassHousing closed on $4.5 million in affordable housing financing to The Community Builders (TCB), for the 53-unit North Commons at Village Hill, a new, affordable and workforce rental housing community being built at the former Northampton State Hospital. All 53 rental homes at the North Commons at Village Hill will be deed-restricted and affordable to residents across a broad range of incomes.
MassHousing, the non-profit Preservation of Affordable Housing (POAH), and the City of Boston announced the closing of $36.5 million in MassHousing affordable housing financing for the development of the 135-unit The Loop Mattapan Station, a new affordable and workforce housing community in Mattapan Square.
The National Council of State Housing Agencies held its Board of Directors election on October 26 during the association’s 2020 Annual Conference & Showcase. Nominated from among, and voted on by the executive directors of the member state housing finance agencies, NCSHA’s newly elected Board officers are: