Massachusetts
Massachusetts Passes $1.8 Billion Housing Bond Bill
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.
Massachusetts Senate Passes $1.8 Billion Housing Bond Bill
The bill must now be reconciled with the Housing Bond Bill passed by the House of Representatives in January.
Beacon Preserves Affordability of Brockton Housing Communities With $14.5 Million in MassHousing Financing
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.
Senior Housing Community On Nantucket Will Be Renovated, Have Affordability Extended For Perpetuity With $1.5 Million in MassHousing Financing
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.
Members MassHousing, POAH Close on $49.3 Million in Financing for the Ongoing First Phase of the Whittier Choice Neighborhoods Initiative in Roxbury
The MassHousing financing will advance the phased demolition and redevelopment of the Boston Housing Authority’s 200-unit Whittier Street Apartments in Roxbury.
Massachusetts Releases NOFA: Community Scale Housing Initiative Competition
The Initiative provides up to $10 million to fund the development of small affordable housing projects for small cities and towns throughout Massachusetts. Read on for a summary of requirements and dates.
Mayor Walsh Announces $10 Million Effort to End Chronic Homelessness in Boston
On January 1, Mayor Walsh announced the Boston’s Way Home Fund, established in partnership with Pine Street Inn and Bank of America, which will raise $10 million to create 200 units of supportive, sustainable, long-term housing for chronically homeless men and women.
Massachusetts: Webinars on New Alternative Energy Credits
Lowering Multifamily Housing Operating Costs with Solar Water Heating Multifamily housing is widely considered one of the best applications for solar water heating due to the fairly consistent load. Whether you heat water at your multifamily property with gas, oil, propane or electricity, solar thermal can integrate with your existing central system. This workshop provides […]
MassHousing Names Chrystal Kornegay Executive Director
Kornegay succeeds Tom Lyons, MassHousing’s Managing Director of Government Affairs and Communications, who has been serving as Acting Executive Director, and Tim Sullivan, who previously stepped down as Executive Director to pursue a private sector employment opportunity.
MassHousing Closes on $22.6 Million to Renovate and Reconstruct 112 Affordable Units in Cambridge, Including a Building Destroyed in 2016 Fire
MassHousing has closed on $22.6 million in financing for the nonprofit developer Just-A-Start Corporation (JAS) for the acquisition and renovation of 112 affordable apartments in Cambridge, including the new construction of a 16-unit building at 50 York St. that was destroyed in a devastating, 10-alarm fire in December 2016. The MassHousing financing allows Just-A-Start to […]
Massachusetts Gov. Baker Announces $10M Plan to Produce 135,000 Housing Units by 2025
The plan creates incentives for municipalities to produce housing units as well as proposes local zoning law changes to free up municipalities in allowing for the development.
Massachusetts Releases Draft QAP, Public Hearing 12/22
Anyone who wishes to attend the public hearing should register in advance with building security by contacting Mary Morales of DHCD.