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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 financing of 944 units of rental housing across Massachusetts.
How to Drive a Closing trainings
Experts to walk audience through closing process; July 24, Boston & Sept. 10, Worcester
BOSTON, July 14, 2014 --- Getting your project through the closing process will be the focus of two special trainings on Thursday, July 24 from 9 a.m. to 4 p.m. at the Massachusetts Housing Partnership's Boston office and Wednesday, Sept. 10 from 9 a.m. to 4 p.m. at the Central Mass. Regional Planning Commission's office in Worcester.
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 grandparents, aunts and uncles would reminisce about winters spent sliding down the hill and right across what is now a busy West Acton Road. In the 1980s, when her family decided to sell the land for affordable housing, she recalled her grandfather, Fran Warren, explaining why the family was selling its beloved sledding hill.
Governor announces $83M in awards for affordable housing SPRINGFIELD - Monday, July 7, 2014 - Governor Deval Patrick today announced $83.6 million in funding to create 24 affordable housing projects across the state, building on the Patrick Administration's commitment to improving housing infrastructure to support growth and opportunity throughout the Commonwealth. In all, the projects will create 1,328 units of housing and over 2,000 jobs.
Princeton Properties celebrates opening of 200 homes in Westford
Built with 40B permit, unique $24.9M financing collaboration between MassHousing, MHP
WESTFORD, June 26, 2014 - With leasing under way and the development nearly complete, Princeton Properties recently held a grand-opening event on its 200-unit rental development financed through a unique $24.9 million financing collaboration between MassHousing and MHP.
Brockton marks opening of downtown apartments near train
Capstone Communities turns old mill into Station Lofts; 1st step in downtown revitalization
BROCKTON, June 19, 2014 --- There were plenty of speakers on hand to point out the significance of Station Lofts on the city's downtown but the strongest statement was made by a commuter train that roared by during grand opening ceremonies.
Amherst turns town land into open space, 42 homes for families AMHERST, June 13, 2014 --- Of all the speakers at the grand opening of Olympia Oaks, the most memorable was the state's Arthur Jemison, an Amherst native who spoke from the heart about what affordable housing means to him.
Casa di Anna housing honors Lawrence's rich immigrant tradition
18 affordable rental homes for families named after victim of 'Bread and Roses' labor strike
LAWRENCE, June 13, 2014 --- Lawrence Community Works (LCW) used the grand opening of Casa di Anna to not only celebrate the completion of 18 new rental homes in the city's North Common neighborhood but also to remind everyone of the city's long history as a place where immigrants have come to build better lives.
NOAH celebrates opening of 26 mixed-income units for seniors CARLISLE, May 23, 2014 --- State and local leaders gathered today with private and public funders to celebrate the grand opening of Benfield Farms, a 26-unit mixed-income senior housing development.
New MHP program provides new source of capital for downtown revitalization
Financing for mixed-use developments on more flexible terms than is normally available
BOSTON, May 21, 2014 --- In its ongoing effort to promote the revitalization of low-income neighborhoods, the Massachusetts Housing Partnership (MHP) is now offering a New Markets Tax Credit Lending Program, thus providing a new source of capital for the redevelopment of downtown buildings into housing with some commercial or retail space.
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