Housing authority's 12 new rental homes dedicated to Whittlesley
Longtime housing advocate honored; ex-HA chief McManus also recognizedACTON, Oct. 1, 2013 --- The recent grand opening of Whittlesey Village was an opportunity to see 12 new affordable rental homes for families and to understand why the town and its housing authority has been successful at increasing the town's supply of affordable housing over the last 30 years.
Truro celebrates grand opening of 16 affordable rental homes
Built on town land next to library, COA, park; utilized MHP funding, technical assistanceTRURO, Sept. 20, 2013 --- The final piece of a master plan for 10 acres of town land was officially completed recently when Community Housing Resources Inc. of Provincetown (CHR) joined with town leaders past and present to celebrate the completion of Sally's Way.
LCW's latest to have 8 two-bedroom, 10 three-bedroom homes
Lawrence-based non-profit begins construction on 108 Newbury St.LAWRENCE, Sept. 18, 2013 - In its ongoing mission to help families and build strong neighborhoods, the non-profit Lawrence Community Works recently celebrated the start of construction of 18 affordable rental homes in the North Common section of the city.
MHP commits $43 million to support over 600 rental units BOSTON, Sept. 16, 2013 --- The Massachusetts Housing Partnership puts its bank-funded loan pool to work this past spring and summer, committing over $43 million for the financing of 646 units of rental housing across Massachusetts.
Worcester non-profit turns rundown homes into new rentals WORCESTER, July 17, 2013 --- Despite the mid-90s heat, a lot of happy people gathered at a playground in the city's Piedmont neighborhood recently to celebrate Worcester Common Ground's revitalization of six rundown properties into 20 affordable rental homes. The happiest of them all was Lisa Stewart.
Another milestone for Chelsea's Box District neighborhood
32-unit Highland Terrace opens; 164 of 260 homes done; 96-unit Chelsea Flats beginsCHELSEA, May 10, 2013 --- Every time the new Box District Neighborhood marks another milestone, Chelsea City Manager Jay Ash tells the story about when he was a boy growing up in the city and his mother wouldn't let him play there because of all the trash and rundown factory buildings.
Town support, CPA funds key to start of Benfield Farms CARLISLE, May 7, 2013 --- State and local leaders gathered earlier this spring to celebrate the beginning of construction for Benfield Farms, a 26-unit senior affordable housing development being developed by NOAH, an East Boston-based regional nonprofit.
North Shore CDC, YMCA combine to remake Beverly neighborhood
Celebrate opening of Holfcroft Park Homes Phase 2; Gloucester Crossing transformedBEVERLY, May 3, 2013 --- Another chapter in the continued revitalization of Beverly's Gloucester Crossing neighborhood was marked recently as state and local officials gathered to celebrate the completion of Holcroft Park Homes, Phase 2.
Housing RAP proving to be solid benefit for nonprofit developers
Helps get developer fee up front; has provided $1.2M in liquidity so farBOSTON, April 11, 2013 --- Nonprofit developers using tax credits to develop affordable rental housing should consider using MHP's Housing Reserve Assurance Program (Housing RAP), which in two years has helped five community development organizations realize $1.2 million in developer fees that might otherwise have gone toward cash-funded operating reserves or other long-term reserves.
No run of the mill story
WinnDevelopment transfoms Lawrence mill into rental housingLAWRENCE, Jan. 19, 2013 --- In 2003, the MHP Board of Directors toured the City of Lawrence to look at affordable housing financed by MHP as well as possible future investments. One of their stops was Malden Mills, where WinnDevelopment's Larry Curtis gave a tour and talked about the potential of turning the hulking, dormant mill into housing.