MHP News

Foreclosure Monitor: Foreclosures rippling into new neighborhoods BOSTON, July 29, 2010 --- Foreclosures seem to have peaked in some of the hardest hit urban areas but there are signs that the problem is rippling into nearby neighborhoods.

Foreclosure Monitor: Market appetite for 3-families spurs concerns BOSTON, June 17, 2010 --- MHP's latest Foreclosure Monitor has taken a look a three-family homes in Massachusetts to see what role they are playing in the foreclosure crisis and the state's real estate recovery.

Foreclosure Monitor: How 2nd wave may impact economic recovery BOSTON, March 3, 2010 --- This month's Foreclosure Monitor gauges how big the state's 'shadow inventory'of potential foreclosed properties is and where it may slow the real estate recovery.

Foreclosure Monitor update by community, zip, census tract BOSTON, Jan. 20, 2010 --- Foreclosure Monitor has posted its quarterly report on distressed properties by community, zip code and census tract.

Foundation for Growth: New housing's impact on municipal services BOSTON, Dec. 10, 2009 --- Fiscal disaster or red herring? Michael Goodman of the UMass Donahue Institute for Public Policy takes a look at the question of how new housing impacts municipal services. You may be surprised at what he's found.

Bubbles, the housing casino and why restrictions may cause price swings BOSTON, Oct. 15, 2009 --- Edward L. Glaeser has just posted an essay at www.massgrowth.net entitled "Bubbles & the Housing Casino: The Link between Price Volatility and Development Restrictions."

How does housing help employers create jobs, build economy? BOSTON, Oct. 8, 2009 --- MHP has launched a major initiative to ensure that our housing supply is adequate to support stable long-term economic growth in the Commonwealth.

Boston: MHP hosts REBA/CHAPA foreclosure session BOSTON, September 24, 2009 --- MHP recently hosted a REBA/CHAPA session focused on issues surrounding foreclosed properties. The session focused on recent federal legislation protecting tenants in foreclosed properties and recent Massachusetts Land Court cases relative to mortgage foreclosure.

State: Feds provide $45.5M in stimulus funds for affordable projects BOSTON, August 19, 2009 --- The Patrick Administration recently announced that $45.5 million in federal stimulus money will be used to fund eight affordable housing projects across the state. The projects to be funded are located in Beverly, Roxbury, Jamaica Plain, Framingham, Greenfield, Holliston, and Springfield. MHP has committed financing towards three of the projects: Centre Creighton Apartments and 270 Centre Street in Jamaica Plain and Cutler Heights in Holliston.

NSP II funding sought to support communities hard-hit by foreclosure BOSTON, July 21, 2009 --- On July 15, 2009, the Massachusetts Housing Investment Corp. made an application for $59 million in funding from the Federal Neighborhood Stabilization Program (NSP II).