Massachusetts

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

QAP Massachusetts

Massachusetts DHCD Issues FAQ on COVID-19 Rent Increases

On April 8, the Massachusetts Department of Housing and Community Development issued a FAQ document on rent increases in units with rental assistance during COVID-19 emergency.

Massachusetts

MassHousing Surpasses $1 Billion in Multifamily Accelerated Processing (MAP) Lending, Preserving More Than 7,400 Affordable Rental Housing Units for Massachusetts Residents

MassHousing has surpassed $1 billion in lending through the Multifamily Accelerated Processing (MAP) program, preserving the affordability of 43 affordable housing communities since 2015 and extending affordability protections on more than 7,400 rental housing units for lower-income Massachusetts residents.

QAP Massachusetts

Massachusetts Bans Rent Increases for State-Assisted Properties

The Massachusetts Department of Housing and Community Development (DHCD) expects all owners of multifamily rental property that receives any form of financial assistance from DHCD and/or its quasi-public affiliates to refrain from implementing any rent increases.

Massachusetts

What is the risk that LIHTC Properties in Massachusetts will convert to Market?

The Community Economic Development Assistance Corporation released a report, which explores the risk that LIHTC-financed properties in Massachusetts will convert to market-rate housing at Year 30. Roughly 86 percent of the 15,679 LIHTC units approaching year-30 are subject to some form of longer-term affordability restriction and will not be at risk for market conversion before December 31, 2030.

QAP Massachusetts

Massachusetts Guidance on Temporary 2020 Census Bureau Employment

The Massachusetts Department of Housing and Community Development released guidance on the exclusion of income derived from temporary 2020 Census Bureau work. Effective immediately, income derived from temporary 2020 Census Bureau employment is to be excluded from households’ countable income calculations for projects that involve any of the DHCD-assisted programs.

Massachusetts

Boston Mayor Announces $500 Million for Affordable Housing

On January 7, in his State of the City address, Mayor Martin Walsh (D) pledged to dedicate $500 million over the next five years for affordable housing. These new investments will create rental and homeownership opportunities, preserve public housing, and establish a city-funded rental voucher program.

Massachusetts

Massachusetts Governor Signs FY2019 Supplemental Budget

On December 17, Governor Charlie Baker (R) signed the supplemental budget to close out the $1 billion surplus from Fiscal Year (FY) 2019. The budget includes $2.5 million for a down payment assistance program for first-time homebuyers with low and moderate incomes as well as $2 million for a rental and mortgage arrearage assistance pilot […]

Massachusetts

FHLBank Boston Hosts Affordable Housing Program Sessions

The Federal Home Loan Bank of Boston (FHLBank Boston) is hosting three sessions to assess its Affordable Housing Program (AHP) priorities and competitive scoring framework to ensure that the program remains a vital, flexible capital source to support a wide range of affordable housing initiatives across New England and the communities its members serve.

QAP Massachusetts

Massachusetts DHCD Increases Admin Fee for State Rental Assistance Programs

On December 20, the Massachusetts Department of Housing and Community Development (DHCD) announced an increase of the administrative fee for all state funded voucher programs from $40 to $50 per voucher, effective February 1, 2020. This includes the Massachusetts Rental Voucher Program, Alternative Housing Voucher Program, and the Department of Mental Health Rental Subsidy Program. […]

QAP Massachusetts

Massachusetts Hosts Q&A Sessions for 2020 Winter Rental Round – Oct. 25 & 30

The Massachusetts Department of Housing and Community Development (DHCD) will hold a multifamily rental funding competition in February 2020. The Notice of Funding Availability (NOFA) for this competition will be released shortly. Pre-applications for potential projects will be due on November 25, 2019. Sponsors whose projects are approved through the pre-application process will be allowed to submit the full OneStop+ applications on February 20, 2020

QAP Massachusetts

Massachusetts Hosts QAP Hearing October 10

The Massachusetts Department of Housing and Community Development (DHCD) scheduled a public hearing to solicit comments on the 2020-2021 Draft QAP. The hearing will be held at 1:30 pm EDT on October 10, 2019, in second floor conference room A, 100 Cambridge Street, Boston, MA 02114.

QAP Massachusetts

Massachusetts Releases Supportive Housing NOFA, Q&A Session September 12

The Massachusetts Department of Housing and Community Development (DHCD) released a notice of funding availability (NOFA) for Supportive Housing for Vulnerable Populations. Pre-applications will be due no later than October 10. Full applications for approved projects will be due no later than December 5.  Please contact Bronia Clifton at DHCD at 617-573-1305 or Sara Barcan […]

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