MHP News

MHP OK'd as Fannie Mae lender; up to $100M in new funds for rental BOSTON, March 5, 2010 --- MHP has been approved as a Fannie Mae multifamily affordable lender, a coveted designation that could bring up to $100 million in new financing for rental housing to the Commonwealth.

MHP commits $1.4 million to finance 42 units NORTH ANDOVER, Feb. 22, 2010 --- The Massachusetts Housing Partnership recently committed $1.4 million in permanent rental financing to help the Neighborhood of Affordable Housing, Inc. (NOAH) construct 42 new units of affordable rental housing in North Andover.

MHP commits $955,000 to finance 26 units WEST BOYLSTON, Feb. 9, 2010 --- The Massachusetts Housing Partnership recently committed $955,000 in permanent rental financing to help the South Middlesex Opportunity Council (SMOC) and FWC Charitable Enterprises construct 26 new affordable rental units in West Boylston.

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 one building located at the Southwick Mills campus into 60 units of affordable rental housing in Lawrence.

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 expiring use affordable rental housing properties under the state's new affordable housing preservation law.

Patrick-Murray target $153.9M for affordable rental housing NEW BEDFORD, Jan. 8, 2010 --- Governor Deval Patrick and Lieutenant Governor Timothy Murray have announced the investment of $153.9 million to support 26 affordable housing rental projects in 17 communities across the state.

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.

MHP commits $500,000 to finance 25 units WORCESTER, December 21, 2009 --- The Massachusetts Housing Partnership recently committed $500,000 in permanent rental financing to help SWNIC and Randy Johnson and Gerald Horne of H & J StepOne Architects construct a three-story building on the site of a former lumberyard to hold 25 units of affordable rental housing.

MHP commits $6.3M to finance 140 units north of Boston BOSTON, November 20, 2009 --- With loan commitments totaling over $6.3 million, MHP is helping three communities north of Boston add 140 units of rental housing.

MHP commits $864,395 to finance 24 units BOSTON, November 12, 2009 --- The Massachusetts Housing Partnership recently committed $864,395 in permanent rental financing to help Codman Square Neighborhood Development Corporation construct 24 units of affordable rental housing in Dorchester.