Massachusetts

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

MassHousing has recognized the efforts of WinnCompanies and NEI General Contracting for their utilization of Minority and Women-Owned Business Enterprises (M/WBEs) in fiscal year 2018, which created economic opportunities for hundreds of working families across Massachusetts.

The Department of Housing and Community Development (DHCD) intends to hold a multifamily rental funding competition in February 2019.  Pre-applications for potential projects will be due on November 29, 2018.  Sponsors whose projects are approved through the pre-application process will be allowed to submit full OneStop+ applications on February 21, 2019.  To help interested sponsors prepare […]

The Metro Mayors Coalition’s Regional Housing Task Force have announced an ambitious new goal to add 185,000 new housing units to the Boston metro region by 2030.

The Massachusetts Department of Housing and Community Development has issued the proposed guidance on the new income averaging election for the Low Income Housing Tax Credit program.  The Department will hold several information sessions on income averaging over the next month. Given the many uncertainties associated with IA, at this time DHCD will only contemplate […]

In all of the 50 largest cities across the country (or the “central cities”), 75 percent of the Extremely Low Income (ELI) population is rent “burdened” and paying more than 30 percent of their income for housing, according to a new report issued by Bill Brauner, Director of Housing & Preservation at the Community Economic Development Assistance Corporation (CEDAC) in Boston.

The Department of Housing and Community Development (DHCD) and the Community Economic Development Assistance Corporation (CEDAC) will host an information session on the newly-announced supportive housing competition on Thursday, September 13.  The session will be held in DHCD’s Boston offices at 100 Cambridge Street, 2nd floor conference room C, and will begin at 11am.  If […]

Read on for a summary of requirements.

Governor Baker signed H.4536 into law on Thursday, May 31. The bill provides $1.8 billion in new spending over the next five years and extends the life of important state tax credit programs.

The bill must now be reconciled with the Housing Bond Bill passed by the House of Representatives in January.

MassHousing has closed on a total of $14.5 million in affordable housing financing to Beacon Communities LLC, for the rehabilitation and preservation of affordability of 570 apartments at two related Brockton housing communities, the 300-unit Chatham West I and 270-unit Chatham West II.

MassHousing has provided $1.5 million in financing to an affiliate of HallKeen Management. The MassHousing funding will enable HallKeen Management to make renovations to Academy Hill, a 27-unit mixed-income housing community for senior citizens on Nantucket, and to preserve affordability at Academy Hill’s affordable units for perpetuity.

The MassHousing financing will advance the phased demolition and redevelopment of the Boston Housing Authority’s 200-unit Whittier Street Apartments in Roxbury.