News from the Massachusetts Housing Partnership en-us Copyright 2008, Massachusetts Housing Partnership http://www.mhp.net/rental_development/news.php LAWRENCE, April 8, 2008 --- State and local leaders gathered on Friday to celebrate the opening of the Blakeley Building, a historic building in downtown Lawrence that will provide homes for 46 low-income families. Tue, 08 Apr 2008 00:00:00 EDT http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=212 212 WAREHAM, March 13, 2008 --- With a long-term, first mortgage commitment of $2.25 million, the Massachusetts Housing Partnership (MHP) is helping Cornerstone Properties Group create 49 new affordable units in Wareham. Thu, 13 Mar 2008 00:00:00 EDT http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=207 207 EVERETT, March 3, 2008 --- Using its ability to provide long-term financing for affordable rental housing, the Massachusetts Housing Partnership (MHP) has committed $5.9 million to support the conversion of a market-rate condominium project into 74 units of rental housing, 47 of which will be affordable. Mon, 03 Mar 2008 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=206 206 WEST BARNSTABLE, Feb. 4, 2008 --- With a long-term first mortgage loan commitment of $1.75 million, the Massachusetts Housing Partnership (MHP) is helping the Housing Assistance Corporation of Cape Cod (HAC) create 40 new affordable apartments in West Barnstable. Mon, 04 Feb 2008 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=202 202 BOSTON, Jan. 28, 2008 --- With technical support and a long-term first mortgage commitment of $736,000, MHP is helping Viet-AID, Inc. build 43 affordable apartments at 1460 Dorchester Ave. in Boston. Mon, 28 Jan 2008 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=200 200 BOSTON, Jan. 24, 2008 --- The Patrick-Murray Administration has announced more than $100 million in tax credit awards and other funding to support 24 developments and 908 new rental apartments in 21 cities and towns all across the Commonwealth. Thu, 24 Jan 2008 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=201 201 SOMERVILLE, Jan. 23, 2008 --- By providing nearly $10 million in permanent first mortgage financing, the Massachusetts Housing Partnership (MHP) is helping to create 119 affordable units in two projects in Somerville. Wed, 23 Jan 2008 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=199 199 BOSTON, December 7, 2007 --- An examination of construction costs on 38 new multi-family developments in eastern Massachusetts revealed that there is not much difference between market-rate and affordable housing development construction costs, and that projects start to achieve consistent economies of scale at 100 units or more. Fri, 07 Dec 2007 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=193 193 CHELSEA, Nov. 8, 2007 --- State and local leaders gathered earlier this month to celebrate the grand opening of Chelsea's new neighborhood, the Box Distirct, a rental and homeownership development made possible due in part to a loan from MHP. Thu, 08 Nov 2007 00:00:00 EST http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=195 195 CANTON, Oct. 11 --- For the second time in three years, MHP has supported Criterion Development Partners in its efforts to build multi-family rental housing in the Boston suburbs. Thu, 11 Oct 2007 00:00:00 EDT http://www.mhp.net/rental_development/news.php?page_function=detail&mhp_news_id=188 188