Torrington Sells Arlington Apartments After Tenant Revolt
A fund tied to the MBTA Communities law helped an Arlington nonprofit acquire 59 apartments that attracted tenant protests about rent hikes under its previous ownership.
Fenway Nonprofit Rebrands and Redoubles Housing Focus
Fenway Community Development Corp. has roots in an infamous 1970s arson-for-insurance payoffs ring that prompted neighborhood residents to organize and demand officials take action.
125 Affordable Apartment Units Financed in Everett
MassDevelopment has issued a $34.31 million tax-exempt bond to finance the first all-affordable building in Everett’s Commercial Triangle neighborhood.
Vineyard Affordable Housing Gets $31M Construction Loan
Rockland Trust provided a $31 million construction loan for what’s being billed as the largest year-round affordable housing development on Martha’s Vineyard.
Boston Seeks Affordable Housing Proposals, But Deadline’s Tight
Developers will have to scramble to meet the deadline for the city’s annual round of housing development if they weren’t expecting it.
Streamline Approvals to Build More Housing, Boston Survey Finds
Boston needs to further streamline its permitting to accelerate housing development and fight displacement, according to comments received in response to the city’s first-ever anti-displacement plan.
Somernova Development Advances with Key Labor, Benefits Deals
A Somerville neighborhood group will vote on a community benefits agreement tied to approval of a 1.5 million-square-foot tech campus by Rafi Properties.
Boston Wants Proposals for Brighton Site Donated by Lab Developer
The city of Boston is seeking developers to build affordable housing and music studios at a Brighton property recently donated by life science developer IQHQ Inc.
Boston Signals Flexibility on Affordability Obligations
Developers are getting an increasingly sympathetic hearing from Boston officials in an effort to break the logjam of housing projects still sitting on the drawing boards.
Trump Admin Halts $1B in Funding for Affordable Housing Upgrades
Green and Resilient Retrofit Program pays for for energy-efficiency improvements, but those are often the centerpiece of larger renovations at decaying affordable housing complexes.
Hospitals Join Fund to Buy Apartment Buildings in Boston
Institutions are partnering with the city of Boston on a new low-interest loan fund expected to pay for acquisition of 500 apartments over the next five years.
NAIOP Pushes for Delay in New Boston Affordability Rules
Pointing to the doldrums in which housing development has been stuck, industry group NAIOP Massachusetts asked the Wu administration to delay next week’s implementation of higher affordability requirements.
Cambridge Councilors Back End of Single-Family Zoning, Eye 5K New Homes
Cambridge’s potential elimination of single-family zoning attracted criticism from affordable housing advocates and preservationists alike before a city council subcommittee backed the landmark reform.
New Rent Numbers Prove YIMBYs Right
The laws of economics apparently work differently in Massachusetts than in red states like Texas, according to some progressives here. Maybe they should look at some interesting new numbers released by Redfin and Zillow?
State Adds $15M as Boston Extends Office Incentives
Gov. Maura Healey today announced a pool of $15 million that would give developers $215,000 for each income-restricted unit in office buildings converted into housing.
Boston Misses Out on $1.4B in Amazon Housing Dollars
The Seattle-based company said the new sum would go on top of money already invested to help create or preserve 21,000 affordable housing units in and around Seattle, Arlington, Virginia and Nashville, Tennessee.
Housing Exec Named to Lead Fenway CDC
A local housing executive was selected to lead the nonprofit Fenway Community Development Corp., replacing retiring executive director Leah Camini.
Is a Motel Room Affordable Housing? Methuen Officials Are Arguing Yes
In a case that shows the lengths communities will go to stop a housing project from getting built, Methuen officials are trying to leverage the state’s use of a Days Inn motel as an emergency shelter for homeless families to block a proposal to build 300 rental units on a parcel that straddles the city’s border with neighboring Dracut.
Exclusionary Housing Policies Revealed in Housing Database
The most comprehensive database of Massachusetts’ affordable housing inventory spotlights the use of age-restricted housing to maintain racial segregation, its creators say.
Healey Claims $4B Housing Bill Will Boost Economy by $15B
A study commissioned by the Healey administration, says the governor’s $4.12 billion housing finance and policy bill, and housing-related tax breaks passed last year, will give more than a five-fold boost to the state economy over five years.
