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MHP's Nancy McCafferty honored with "2015 Women of FIRE" award BOSTON, June 30, 2015 ---- MHP Senior Loan Officer Nancy McCafferty was recently selected as a "Women of FIRE" award winner by Banker & Tradesman. Nancy will be one of 15 honored at an awards luncheon at the Courtyard Marriott Boston on July 28.
Revere celebrates grand opening of 30 new apartments REVERE, May 13, 2015 --- At the grand opening of 30 new affordable apartments, Mayor Dan Rizzo left no doubt about his belief that his city needs housing like this. "There were 2,000 applications for 30 units," said the mayor. "For those who don't think there's a housing crisis, think again."
3 success stories from Worcester WORCESTER, March 23, 2015 --- Worcester Common Ground today released three success stories of people it has helped through its various programs.
MHP commits $40M to support new construction of 546 rental units BOSTON, March 13, 2015 --- The Massachusetts Housing Partnership put its bank-funded loan pool to work this winter, committing $40,223,958 for the financing of 546 units of rental housing across Massachusetts.
MHP commits $8.4 million for 260 rental units BOSTON, Nov. 25, 2014 --- The Massachusetts Housing Partnership put its bank-funded loan pool to work this fall, committing $8,435,000 for the financing of 260 units of rental housing across Massachusetts.
262-unit Upland Woods celebrates start of construction
Campanelli-Thorndike break ground; MHP provides 40B PEL, $15M in financingNORWOOD, Nov. 5, 2014 --- Developers and funders gathered on Nov. 5 to mark the beginning of construction of Upland Woods Apartments, a 262-unit mixed-income rental apartment community on part of the former Polaroid campus.
How to Drive a Closing training
Popular MHP training to be repeated on Thursday, Oct. 16BOSTON, Sept. 22, 2014 --- After two successful trainings this year, MHP is gearing up to provide another "How to Drive a Closing" training on Thursday, Oct. 16 from 9 a.m. to 4 p.m. at the MHP's Boston office (160 Federal Street).
RAP Program now available for existing tax credit properties
Credit facility helps nonprofits reduce cash-funded reserves, increase working capitalBOSTON, AUG. 18, 2014 --- Nonprofit developers who are using or who have used tax credits to develop affordable rental housing should consider using MHP's Housing Reserve Assurance Program (Housing RAP) in order add more working capital to their bottom line.
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.
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.