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Foreclosure Monitor: Little improvement seen in hard-hit areas

BOSTON, Jan. 25, 2010 --- Recent foreclosure data indicates that while the problem may be expanding into the suburbs and single-family homes, the slow process of...

MHP's board to meet on Jan. 28

BOSTON, Jan. 12, 2010 --- The next meeting of the Massachusetts Housing Partnership's Board of Directors will take place on Thursday, Jan. 28, at 1:30 p.m. at MHP's...


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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MHP sets 2 application rounds for new subsidy program

BOSTON, Dec. 23, 2009 --- MHP has committed $5 million in zero percent interest, second-mortgage financing to support the development of affordable rental housing.

Helping municipalities stabilize distressed properties

BOSTON, Nov. 18, 2009 --- MHP has put together a comprehensive web page to help cities and towns stabilize distressed properties and neighborhoods.

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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 over $2.1 million to finance 60 units

LAWRENCE, February 1, 2010 --- The Massachusetts Housing Partnership recently committed over $2.1 million in financing to help Lawrence Community Works rehabilitate...

Process of identifying developers to preserve rental housing

BOSTON, Jan. 15, 2010 --- The state Department of Housing and Community Development (DHCD) announced this week the process for selecting developers to purchase...

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Rental Development

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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SoftSecond's Funds for Fixer Uppers program now available in Lynn

LYNN, Feb. 1, 2010 --- Homebuyers who are thinking about buying in Lynn now have the opportunity to increase their purchasing power thanks to Funds for Fixer Uppers, a...

Another milestone for SoftSecond

BOSTON, Jan. 10, 2010 --- The SoftSecond Loan Program marked an important milestone in December, passing the 14,000 mark for loans.

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Homeownership

Homebuyers can get a fix on their future, while banks and homeownership developers can serve their customers best with SoftSecond, the state's most successful mortgage program for low and moderate- income first-time homebuyers.

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