Massachusetts

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

On July 31, Governor Charlie Baker signed the FY 2020 state budget, which includes significant increases to the Massachusetts Rental Voucher Program (MRVP), the Alternative Housing Voucher Program (AHVP) and Public Housing. The state budget also provides more funding for the state’s Community Preservation Trust Fund through an increase to the deeds recording fees from $20 to $50.

The Massachusetts Department of Housing and Community Development (DHCD) is seeking comments on its Draft Housing Choice Voucher Administrative Plan, which was last updated in September 2014. The proposed revisions incorporate changes in federal and DHCD policy. Comments on the plan should be submitted to maryssa.mclean@mass.gov by September 10, 2019.

On July 31 LISC Boston will host its Opportunity Zone Showcase & Toolkit Release in Massachusetts.  As of 7/9, LISC Boston had not announced the event location, which will run from 9 a.m. – 1:00 p.m.  The event will: Showcase Massachusetts Opportunity Zone communities, strategies, and opportunities. Connect stakeholders to drive inclusive investment. Who should […]

The Massachusetts Department of Housing and Community Development will hold a hearing at 10 am EDT on June 20 to amend its QAP. The Department intends to amend the current QAP to schedule a mini-competition for certain highly ready, multifamily rental production projects.

The Boston Housing Authority will become the first in the nation to voluntarily adopt small area fair market rents (SAFMRs). Doing so would link the value of a housing voucher to rent levels by ZIP code rather than to rent levels for the housing market overall, meaning that people with vouchers may have greater access to higher-cost neighborhoods.

The Massachusetts Department of Housing And Community Development (DHCD) will hold a hearing on May 23 from 11 am to noon EDT at its headquarters on the draft FY 2019 one-year action plan.

Local Initiatives Support Corporation (LISC) Boston invites applications from community development corporations (CDCs) and community housing development corporations (CHDOs) in Massachusetts for capacity building support to drive inclusive investment in one or more low income communities that has been designated a federally-qualified opportunity zone by the Commonwealth of Massachusetts.

HUD released the updated Fair Market Rents (FMRs) for the FY 2019 Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program for ten areas based on new survey data. The new FMS are effective as of April 15, 2019 and based on surveys conducted by the area public housing agencies and reflect the […]

Boston Mayor Marty Walsh announced more than $26 million in new funding for housing from the Department of Neighborhood Development, the Neighborhood Housing Trust and the Community Preservation Fund. The funding will impact a total of 515 units, 459 new housing units will be created and 56 units will be preserved.

MassHousing has closed on $14 million in financing to Beacon Communities LLC for the rehabilitation and preservation of affordability at the 72-unit Camden Apartments in Boston, MA.

MassHousing provided Beacon Communities with a $5.9 million tax-exempt construction and permanent loan and an $8.1 million tax-exempt bridge loan. The MassHousing financing also generated $6.8 million in Low-Income Housing Tax Credit equity for the project.

MassINC, the Massachusetts Smart Growth Alliance, and LOCUS are hosting a forum on Feb. 27, 2019 focused on stimulating transformative investment in Gateway Cities with the state’s Housing Development Incentive Program (HDIP) and federal Opportunity Zone Funds. The free event will run from 1-2:30 pm ET in the Massachusetts State House – Room 428 (24 […]

On December 28, Mike Kennealy was sworn in as the new Secretary of Housing and Economic Development. Kennealy replaces former Secretary Jay Ash, who departed to become CEO of the Massachusetts Competitive Partnership. Kennealy previously served as Assistant Secretary of Housing and Economic Development in the Baker Administration. The Executive Office of Housing and Economic Development […]