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Foreclosure Monitor: Distress down from last year but concerns linger

BOSTON, May 16, 2014 --- Overall foreclosure distress in Massachusetts declined 56.9 percent from April 2013 to April 2014, from 8.8 units per 1,000 housing units, to 3.8...

BHA pilot aims to better connect homeless vets with available housing

BOSTON, March 24, 2014 --- In its continuing effort to provide housing assistance and supportive services to homeless military veterans, the Boston Housing Authority (BHA)...


Vision

MHP champions new financing tools and new local strategies for the development of affordable housing in Massachusetts --- and backs that commitment with a billion dollar bank loan fund that's the only one of its kind in the U.S.

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Yarmouth official, Town of Amherst garner Housing Hero awards

DEVENS, June 30, 2014 --- The Massachusetts Housing Partnership (MHP) recently recognized a municipal employee from Yarmouth and the Town of Amherst with Housing...

BHA's 12 new family apartments help fill need on the Cape

BARNSTABLE, Jan. 13, 2014 --- State and local officials recently gathered to celebrate the ribbon-cutting ceremony for Stage Coach Residences, a 12-unit affordable family...

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Community Initiatives

MHP's Community Housing Initiatives team (CHI) supports communities, local officials, local housing authorities and developers in their efforts to create affordable housing for low and moderate-income families.

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MHP commits $56.9 million for new construction/preservation of 944 units

BOSTON, July 17, 2014 --- The Massachusetts Housing Partnership put its bank-funded loan pool to work this spring and summer, committing over $56.9 million for the...

Stow celebrates opening of 30 units of family rental housing

STOW, July 9, 2014 --- During the ribbon cutting for Pilot Grove II, Town Clerk Linda Hathaway recalled when the land was part of her family's farm and when her...

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Rental Financing

MHP helps developers of affordable rental housing by providing long-term, fixed-rate financing at competitive interest rates. MHP financing can be used for new construction, acquisition, acquisition and rehab, and for the refinancing of existing debt.

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One year after pledge, Governor shares stage with first-time buyer

BOSTON, June 13, 2014 - When Gov. Deval Patrick stood on the steps of a Dorchester home last June and set new goals for helping first-time homebuyers, Angelina...

ONE launched, more lenders on board

BOSTON, Jan. 15, 2014 --- Continuing its transition from the SoftSecond Loan Program to the new ONE Mortgage Program, the Massachusetts Housing Partnership (MHP)...

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Homeownership

If you are a first-time buyer, see if you qualify for ONE, the state's most affordable mortgage program. ONE features a low, fixed interest rate and a state-backed reserve that relieves buyers from the cost of private mortgage insurance.

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