by State House News Service | Apr 30, 2024
The product will make $20 million in loans available over the next two years to help homeowners cover the costs of things like heat pumps, electric vehicle charging stations, weatherization, and more.
by James Sanna | Feb 28, 2024
Two of Massachusetts’ biggest affordable housing lenders are teaming up to launch a fund aimed at growing the state’s cadre of minority developers.
by State House News Service | Jan 30, 2024
Gov. Maura Healey is still waiting for the legislature to act on her big housing bill, but she paused Monday to swear in two panels of developers, municipal leaders and advocates Monday, charged with charting more housing production reforms.
by Steve Adams | Jan 21, 2024
A $69.1 million financing package was completed for the development of a mixed-income community near commuter rail and bus service in Swampscott.
by Banker & Tradesman | Jan 7, 2024
With rules around special purpose credit programs now clarified, big names in the industry are turning to this 50-year-old tool to make a big difference in the lives of New England families.
by Banker & Tradesman | Nov 7, 2023
Three figures in the local commercial real estate scene and one local banker were honored by the Greater Boston Chamber of Commerce.
by Steve Adams | Nov 1, 2023
Six development projects received $44.6 million in state funding under a program that Gov. Maura Healey is proposing to expand as a strategy that increases wealth-building through home ownership in minority neighborhoods.
by James Sanna | Oct 20, 2023
Boston Mayor Michelle Wu’s push to turn empty, city-owned lots into housing reached its first major milestone Thursday when the mayor designated four development teams to transform 14 parcels into around 63 units of affordable for-sale housing.
by Banker & Tradesman | Aug 17, 2023
A $12.9 million permanent loan from MassHousing will extend affordability restrictions and pay for capital improvements at a 106-unit Brockton property.
by Banker & Tradesman | Jul 27, 2023
A financing package provided by federal, state and local sources will preserve 45 units of affordable housing and renovate a Springfield property.
by Steve Adams | Jul 24, 2023
A Springfield-based nonprofit will develop 62 affordable apartments and a community building in Agawam after obtaining financing from state and federal sources including MassHousing.
by Banker & Tradesman | Sep 12, 2022
Low- and moderate-income homebuyers in Massachusetts have a new tool that will connect them with resources to manage different stages of the homebuying process.
by Banker & Tradesman | Aug 30, 2022
A 62-unit mixed-income housing project in Chelsea is the first in Massachusetts to receive homeowner production funding from ARPA through a MassHousing program.
by Steve Adams | Aug 19, 2022
A Lawrence mill-to-housing conversion that was delayed by water damage during construction has closed on $40.8 million in MassHousing financing and is expected to reach full occupancy by the end of 2022.
by Steve Adams | Jun 13, 2022
A five-year-old Boston affordable housing preservation program helped a local nonprofit acquire and upgrade a 97-unit property in South End and Lower Roxbury where income restrictions had been set to expire.
by Banker & Tradesman | May 27, 2022
Boston-based Beacon Communities has received $38.5 million in financing to renovate a pair of Brockton housing complexes and preserve affordability restrictions for at least 30 years.
by Banker & Tradesman | Mar 28, 2022
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
by Banker & Tradesman | Sep 9, 2021
A partnership between Boston-based Trinity Financial and East Boston Community Development Corp. has begun construction of the third and final phase of the Overlook Terrace at Orient Heights project, modernizing the East Boston public housing complex.
by Scott Van Voorhis | Aug 29, 2021
Sales of homes and condominiums in these mid-sized, older industrial hubs are rising as buyers, many of them first-timers, search for more affordable alternatives after being priced out of Boston and its ever more expensive suburbs.
by Susan Gittelman | Aug 8, 2021
Massachusetts’ CommonWealth Builder program effectively reduces the price of new housing units by subsidizing developers up to $150,000 per home. And unlike traditional affordable housing, it allows homeowners to realize the full market appreciation of their unit if they live there for at least 15 years.